Whalesbook
Kya Hai Poori Kahani?
Solar Energy Corporation of India (SECI) ne 10 saal ke liye ye Green Ammonia Sale Agreements (GASA) finalize kiye hain. Jo prices nikle hain woh globally jo prices chal rahe hain (around €1,000 per tonne yaani ₹110 per kg), usse kaafi kam hain. Yeh India ka National Green Hydrogen Mission aur SIGHT Programme ka ek bada step hai, jismein sarkaar ne ₹13,050 crore ka allocation bhi kiya hai green hydrogen production ke liye. Is deal se India saal mein lagbhag $2.5 billion bacha sakta hai, kyuki imported grey ammonia ki jagah green ammonia use hoga.
Fertilizer Companies Ka Kya Hoga?
Jo bade fertilizer producers hain jaise IFFCO, Paradeep Phosphates Limited (PPL), India Potash Limited (IPL), aur Coromandel International Limited (CIL), woh ab is green ammonia ko use karne ki taiyari mein hain. Coromandel International ka P/E ratio 23.88 hai, jo industry median 10.46 se kaafi upar hai. Iska stock ₹1,818.10 se ₹2,718.90 ke beech raha hai aur abhi ₹1,930.90 ke aas paas hai. Paradeep Phosphates Limited ka P/E ratio 11.35-13.44 ke beech hai, jo thoda attractive lag raha hai, aur iska stock ₹99.70 se ₹234.39 tak gaya hai, abhi ₹111.65 ke paas hai. IPL ka valuation ₹7,769 crore se ₹8,865 crore hai aur P/E ratio 4.65–6.18 hai. Dekhna hoga ki ye companies kitna manage kar paati hain input costs aur operational efficiency.
Developers Ke Liye Challenges
ACME Group ne bhi isme bada role nibhaya hai, unhein 10 saal ke liye 3.7 lakh TPA ka capacity mila hai, jiska contract value ₹20,000 crore hai. ACME Oman mein bhi ek bada green ammonia plant bana raha hai aur Odisha mein bhi green methanol project par kaam kar raha hai. Lekin yaar, jo total demand hai India ki ammonia ke liye woh lagbhag 25.5 million TPA hai, jabki yeh deal sirf 7,24,000 TPA ki hai. Matlab abhi bahut bada gap hai aur scaling up karna padega.
Chinta Ki Baatein Kya Hain?
Sarkaar ke support (incentives) khatam hone ke baad ye prices sustainable rahnege ya nahi, ye badi chinta hai. SIGHT Programme sirf pehle teen saal support dega. Dusri baat, itne bade projects ko execute karna, supply chain manage karna, aur consistent renewable power ensure karna, yeh sab bahut complex hai aur isme risks hain. ACME jaise companies ko bhi international funding milne par dependency hai.
Overall, India energy security badha raha hai aur imports kam kar raha hai, par yeh deals kitni successful hongi, ye to time hi batayega.