Waaree Plans ₹15,000 Crore Green Ammonia Project in Kakinada, Andhra Pradesh

Waaree Clean Energy Solutions plans to establish a green ammonia manufacturing project at Kakinada Special Economic Zone in Andhra Pradesh, involving an investment of approximately ₹15,000 crore.

The proposed facility will have an annual production capacity of 1.2 million tonnes. Waaree Clean Energy has acquired around 300 acres near Kakinada Gateway Port, according to a report in The Economic Times.

The Andhra Pradesh government has approved the proposal under its Integrated Clean Energy Policy, 2024, and sanctioned incentives to support the investment. A memorandum of understanding is expected to be signed at the Andhra Pradesh Investment Summit in Visakhapatnam later this week.

The coastal location could support the movement of equipment and finished products through nearby port infrastructure. The development would add substantial green ammonia capacity to the state’s emerging clean energy industry.