India's pioneering bamboo biorefinery launches in March

11 Oct 2023 CW Team

Bhaskar Phukan, Managing Director, India's Numaligarh Refinery (NRL), announced that the company, a subsidiary of explorer Oil India, plans to commence ethanol production at its biorefinery in the northeastern state of Assam starting from March. India, the world's third-largest consumer and importer of oil, aims to reduce its crude oil consumption by transitioning to sustainable alternatives like biofuels. The country has set a goal to double the blending of ethanol with gasoline to 20% by 2025.

The Assam biorefinery, a project that cost NRL and its Finnish partners Chempolis and Fortum Rs 40 billion, stands as India's pioneering initiative to utilise bamboo as feedstock. It is anticipated to produce 50,000 tonne of ethanol, 16,000 tonne of furfural, and 11,000 tonne of acetic acid annually. Furfural, a substance used for binding components such as adhesive, plays a significant role in this innovative endeavour. India's northeastern region is abundant in bamboo cultivation, making it an ideal source for this sustainable venture.

NRL holds a 50% stake in this ground breaking project, reflecting the collaborative efforts of both Indian and international partners in the pursuit of eco-friendly energy solutions.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..