ADB, govt of Japan sign financing pact with AM Green Ammonia

New Delhi: The Asian Development Bank (ADB) and the government of Japan have signed a financing agreement with AM Green Ammonia—a firm backed by the founders of Greenko—for its 1.1-million-tonne green ammonia project in Kakinada, Andhra Pradesh.In a statement, the ADB said the investment includes a $100 million loan from its Leading Asia’s Private Infrastructure Fund 2, financed by the Japan International Cooperation Agency (JICA)."The Asian Development Bank and the government of Japan have signed financing agreements with AM Green…