Japan and India to Finalize $3 billion Hydrogen‑Ammonia Funding Deal

Japan’s IHI and India’s ACME to join $3bn initiative as leaders deepen energy ties

Japanese Prime Minister Sanae Takaichi will visit India this week to meet her counterpart, Narendra Modi. Japan plans to subsidize ammonia production in India. (Source photos by Sae Kamae and Ken Suzuki)

TOKYO — Japan and India are expected to finalize funding for a joint hydrogen and ammonia production project involving Japan’s IHI and India’s ACME Group later this week, when Indian Prime Minister Narendra Modi hosts his Japanese counterpart Sanae Takaichi, Nikkei reported on Monday.

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