Tuesday 16th April 2024

NTPC and Chempolis India to Collaborate

Apr 18th, 2023 7:33 pm | By | Category: LATEST NEWS


(THE NEWSMAN OF INDIA.COM)
NTPC, the largest power-generating utility in India, and Chempolis India, a Fortum group associate Co & a leading Finnish biorefining technology provider, have signed a non-binding Memorandum of Understanding on 10.04.2023 to explore the feasibility of setting up a Bamboo Based Bio-Refinery in Bongaigaon. Through this MoU, Chempolis will work with NTPC to conduct the feasibility study for the project which shall utilize bamboo for the production of 2G Ethanol, Bio-Coal for thermal power plant & other value-added products.

The proposed Bio-Refinery is planned as an integration project with NTPC Bongaigaon Power Plant, where all utility requirements such as steam, power, etc., shall be supplied from the power plant and the Bio-Coal produced by the Bio-Refinery shall partly replace coal in the power plant, effectively converting 5% of the generation of the power plant to green. The project will support NTPC decarbonization efforts, create job opportunities and build a sustainable model by promoting the use of locally available resources. M/s EIL is the Project Consultant for NTPC for preparation of Detailed Project Report.

The MoU was signed in presence of NTPC Director-HR Dilip Kumar Patel, EIL Director-HR Ashok Kumar Kalra & Chempolis President & CEO Markus Alholm.

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