Granules India has signed a partnership agreement with Greenko ZeroC to collaborate for green molecule solutions and its wider applications in pharmaceuticals to build a leadership position in sustainability and circular economy initiatives and be a pioneer in the industry.

Granules and Greenko ZeroC will develop and promote an integrated green pharmaceutical zone (GPZ) in Kakinada, Andhra Pradesh.

Granules will build a greenfield facility based on sustainability principles for large scale manufacturing of key starting materials (KSMs), intermediates, APIs and fermentation-based products. The facility spread across 100 acres, will be commissioned in phases. The estimated cost of the project will be Rs 2,000 crore.

Greenko ZeroC will supply carbon free energy and enable green hydrogen along with its various chemical derivatives. Granules envisages to utilize carbon free energy and green hydrogen derivatives to produce value added products such as DCDA, PAP, Paracetamol, Metformin, other APIs and intermediates.

Granules will also manufacture energy intensive fermentation-based products at this facility using carbon free energy. This collaboration allows utilization of fungible carbon offset instruments across granules global manufacturing locations.