Disclosure of information pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
PARADEEP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Paradeep Phosphates' Paradeep unit has been allocated 75,000 metric tonnes per annum (MTPA) of Green Ammonia under the first auction conducted by the Solar Energy Corporation of India (SECI). This auction was part of the Government of India's National Green Hydrogen Mission under the SIGHT Scheme. The auction achieved a price discovery of ₹55.75 per kg (approximately USD 641 per MT). The company described this as a significant step in its decarbonisation and clean energy transition roadmap.
This allocation positions Paradeep Phosphates as a key player in India's green hydrogen ecosystem and could open up a new revenue stream from clean energy, supporting long-term growth. For shareholders, it signals strategic diversification beyond traditional fertilisers into green chemicals, though the actual financial impact will depend on the final offtake terms and execution.