ACME’s $4.2B Duqm green ammonia phases to start in 2030 and 2033

India’s ACME Group will invest $4.2B to build the second and third phases of its green hydrogen and ammonia project in Oman’s Duqm special economic zone, with commercial operations targeted for 2030 and 2033, the zone authority said on June 10.

Once complete, the two phases are designed to produce 800,000 tonnes of green ammonia and 142,000 tonnes of green hydrogen a year across a 10 sq km site in the Special Economic Zone at Duqm, according to an announcement by the zone authority, SEZAD. The expansion builds on project development and land usufruct agreements signed in May 2025 between Hydrogen Oman, the Public Authority for Special Economic Zones and Free Zones, and ACME, which formally folded the venture into Oman’s national green hydrogen program.

Duqm sits among a cluster of Gulf green ammonia developments aimed at export markets in shipping and fertilizer, where buyers in Europe and Asia are seeking low-carbon supply. Oman has positioned the zone, with its deepwater port and renewable resources, as a hub for producing and shipping green molecules at scale.

The staggered 2030 and 2033 start dates underline how far out commercial volumes remain, even as project sponsors lock in land and engineering commitments now.

Source: Muscat Daily