PT Pupuk Indonesia (Persero) has signed a Head of Key Terms (HoT) agreement with ACWA Power, PLN Energi Primer Indonesia, and PLN Indonesia Power to secure green hydrogen for scaling up its green ammonia production. This collaboration, which began last year, aims to ensure a steady supply of green hydrogen, the key raw material for producing green ammonia, which Pupuk Indonesia will use to manufacture urea and NPK fertilizers.
A joint venture between ACWA Power and the PLN subsidiaries was established in December 2023, with a Joint Development Agreement signed to construct a green hydrogen plant. This joint venture will manage the production and supply of green hydrogen under a long-term, 25-year contract with Pupuk Indonesia and other partners.