NTPC and Chempolis India to collaborate for Bamboo-based Bio-Refinery
POWER & RENEWABLE ENERGY

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

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

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

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?