Current Affairs · Energy and Environment
Consider the following statements regarding Green Ammonia initiatives in India: Statement I: Green ammonia, produced using green hydrogen, is emerging as a strategic vector for decarbonizing fertilizers, shipping fuels, and industrial feedstocks, and is central to India's clean energy transition. Statement II: India's SECI-led aggregated procurement under the SIGHT programme guarantees permanent market-clearing prices for green ammonia by mandating uniform, cost-plus tariffs across all winning bidders. Statement III: The long-term competitiveness of green ammonia relative to grey ammonia is primarily driven by long-term offtake certainty and renewable power cost advantages, rather than by short-term spot price dynamics in global gas markets. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither Statement II nor Statement III is correct.
- 2Only one of the Statements II and III is correct, and that explains Statement I.✓
- 3Both Statement II and Statement III are correct, but only one of them explains Statement I.
- 4Both Statement II and Statement III are correct, and both of them explain Statement I.
Correct answer
Only one of the Statements II and III is correct, and that explains Statement I.
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