NTPC, Tecnimont to explore green methanol production in India

India’s largest power producer NTPC and Italy-based Maire Tecnimont Group’s Indian subsidiary Tecnimont have signed an agreement to explore the possibility of setting up a commercial-scale green methanol production facility in India.

PHOTO: NTPC power plant in India. NTPC

NTPC wants to make its energy portfolio greener by adding renewable energy sources to its production capacity.

The company has a commissioned capacity of 2,962 MW of renewable energy projects, according to the company's website.

The scope of the green methanol project will include capturing carbon from NTPC power plants and converting it into methanol for a wide range of applications, including transportation.

Methanol is being considered as an alternative fuel for shipping to help reduce emissions.

The project “will significantly contribute to India's energy transition,” NTPC director (commercial) C.K Mondal says.

By Shilpa Sharma

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