TrueRE Oriana Power, a leading renewable energy company in India, has entered into a significant Green Ammonia Purchase Agreement (GAPA) with the Solar Energy Corporation of India (SECI). The agreement involves a contracted supply of 60,000 tonnes per annum at a discovered price of ₹52.25 per kg, culminating in a total contract value of approximately ₹3,135 crore over a decade. This agreement is part of the National Green Hydrogen Mission.
The corresponding Green Ammonia Sale Agreement (GASA) has also been executed between SECI and Madhya Bharat Agro Products Limited, the end-off taker. TrueRE Oriana Power received the Letter of Award (LoA) for this project in August 2025 under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The formal agreement was signed on March 30, 2026, at a ceremony at Atal Akshay Urja Bhawan, New Delhi, attended by notable figures including Shri Pralhad Joshi, Union Minister for New and Renewable Energy, and Shri J. P. Nadda, Union Minister for Chemicals and Fertilizers.
The project, located in Sagar, Madhya Pradesh, will be developed by TrueRE Oriana Power, which will oversee the entire execution process, including development, approvals, and land-related clearances. Mr Anirudh Saraswat, Founder and CBO of TrueRE Oriana Power, highlighted the importance of this agreement in translating policy into action, emphasising the role of long-term offtake visibility in scaling green hydrogen and its derivatives.
This initiative is set to enhance India’s energy security by reducing reliance on imported fossil-based feedstocks, particularly in sectors like fertilisers. TrueRE Oriana Power continues to expand its energy portfolio, reinforcing its position as a key player in India’s clean energy transition.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Kinjal and reviewed by News Desk before publication.