Juno Joule Partners with Germany’s Select Energy for $1.3 Billion Green Hydrogen Facility in Andhra Pradesh – EQ
In Short : Juno Joule and Germany’s Select Energy have partnered to build a \$1.3 billion green hydrogen and ammonia export facility at Andhra Pradesh’s Mulapeta Port. Set to produce 180,000 tonnes of green hydrogen annually by 2029, the project will use renewable energy-powered electrolysers and create 5,000–6,000 jobs. It aims to reduce 1.8 million tonnes of carbon emissions each year.
In Detail :
- India’s Juno Joule Green Energy and Germany’s Select Energy GmbH have signed an MoU to build a $1.3 billion (₹10,000 crore) green hydrogen and ammonia export facility at Mulapeta Port in Andhra Pradesh.
- Planned in three phases, the project aims to produce 180 KTPA of green hydrogen by 2029, converting it into one million tons of green ammonia annually for export.
At the World Hydrogen Summit 2025 in Rotterdam on May 21, Juno Joule Green Energy Pvt Ltd formally signed a Memorandum of Understanding (MoU) with Germany’s Select Energy GmbH, laying the groundwork for a significant $1.3 billion (₹10,000 crore) investment into green hydrogen and ammonia production in Andhra Pradesh’s Mulapeta Port.
The strategic agreement was signed by Juno Joule’s CEO, Nagasharath Rayapati, and Select New Energies GmbH’s Managing Director, Felix Danger.
Set to develop in three distinct phases, the joint venture targets an annual production capacity of 180 KTPA of green hydrogen by 2029. This hydrogen will subsequently be converted into up to one million tons of green ammonia each year, explicitly designed for export markets.
Under the terms of the partnership, Select Energy will hold equity participation, collaborate on developing ammonia export terminals, establish comprehensive port-connected logistics infrastructure, ensure alignment with European regulatory frameworks such as RFNBO and RED II/III, and commit to a long-term offtake agreement featuring a blended pricing structure.
“We are honored to partner with SELECT as a co-developer in our mission to build a globally competitive green energy hub in India. With their deep expertise in energy trading and end-to-end logistics including shipping infrastructure – this collaboration reinforces our execution capability and accelerates the global transition to a low-carbon economy,” Rayapati said.
