India Advances Green Methanol Production with Rs 1,000 Cr MOU

01 Dec 2023

A memorandum of understanding (MOU) valued at Rs 1,000 crore has been signed, marking a pivotal moment in India's commitment to green initiatives.

The agreement focuses on manufacturing green methanol, a renewable fuel with lower environmental impact compared to traditional counterparts.

This initiative aligns with the nation's broader goals of reducing carbon emissions and promoting cleaner energy sources.

The investment will bolster the development of state-of-the-art facilities dedicated to green methanol production, contributing to India's emergence as a key player in the global green energy landscape.

The MOU underscores the collaborative efforts between government bodies, private enterprises, and environmental advocates in fostering sustainable practices.

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