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

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..