en.Wedoany.com Reported - India's ACME Group plans to invest $4.2 billion in the second and third phases of its green hydrogen and ammonia project in Oman's Duqm Special Economic Zone, with commercial operations scheduled for 2030 and 2033. The Public Authority for Special Economic Zones and Free Zones in Duqm, Oman, disclosed this information on June 10.

According to the announcement by the Special Economic Zone at Duqm (SEZAD), upon completion of both phases, the project will produce 800,000 tonnes of green ammonia and 142,000 tonnes of green hydrogen annually on a 10-square-kilometer site within the zone. This expansion is based on project development and land usufruct agreements signed in May 2025 by Hydrogen Oman, the Public Authority for Special Economic Zones and Free Zones, and ACME, incorporating this joint venture into Oman's national green hydrogen plan.

Duqm has joined several green ammonia development projects in the Gulf region, aimed at serving export markets in the shipping and fertilizer sectors, as buyers in Europe and Asia seek low-carbon supplies. Leveraging its deep-water port and renewable resources, Oman is positioning the special economic zone as a hub for large-scale production and transportation of green molecules.

The project's staggered timeline, with start-ups set for 2030 and 2033, indicates that commercial output will take years to materialize, even as the project developer is currently finalizing land and engineering commitments.

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