NTPC and Chempolis India to collaborate for Bamboo-based Bio-Refinery

20 Apr 2023 CW Team

The National Thermal Power Corporation (NTPC), India's largest power-generating utility, and Chempolis India, a Fortum group associate company and a leading Finnish bio-refining technology provider, have signed a Memorandum of Understanding to investigate the feasibility of establishing a Bamboo-based Bio-Refinery in Bongaigaon.

Chempolis will collaborate with NTPC to carry out a feasibility study for the project, which will use bamboo to produce 2G Ethanol, Bio-Coal for thermal power plants, and other value-added products. Last week, the MoU was signed in the presence of NTPC Director of HR Dilip Kumar Patel, EIL Director of HR Ashok Kumar Kalra, and Chempolis President and CEO Markus Alholm.

The proposed Bio-Refinery is designed as an integration project with the NTPC Bongaigaon Power Plant, with all utility requirements such as steam, power, and so on supplied by the power plant, and the Bio-Coal produced by the Bio-Refinery partially replacing coal in the power plant, effectively converting 5% of the power plant's generation to green. By promoting the use of locally available resources, the project will help NTPC's decarbonization efforts, create job opportunities, and build a sustainable model. M/s EIL is the NTPC Project Consultant in charge of preparing the Detailed Project Report.

Also Read
Karnataka to establish four new metro lines in Bengaluru
Himachal PWD Minister requests that the Centre approve PMGSY projects

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..