NTPC and Tecnimont sign MoU to explore green methanol production
General

NTPC and Tecnimont sign MoU to explore green methanol production

The objective of the MoU is to jointly evaluate and explore the possibility to develop commercial scale Green Methanol Production facility at a NTPC project in India.

  • By ICN Bureau | December 26, 2022

NTPC, India's largest power generation company, has signed a non-binding Memorandum of Understanding (MOU) with Tecnimont Private Limited, Indian Subsidiary of Maire Tecnimont Group, Italy. The objective of the MoU is to jointly evaluate and explore the possibility to develop commercial scale green methanol production facility at a NTPC project in India.

The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel. Green Methanol has a wide range of applications, including serving as a base material for the chemical industry, storing renewable electricity, and even as a transportation fuel. It is also considered as a substitute fuel for maritime fuel applications.

CK Mondol, Director (Commercial), NTPC, said, "This project along with NTPC's under execution Pilot scale Green Methanol project aligns with NTPC's commitment to sustainability and renewable energy, and will significantly contribute to India's energy transition."

Register Now to Attend Chem Connect 2025 on August 21th 2025, Novotel Mumbai International Airport

Upcoming Conferences

Chem Connect 2025

August 21, 2025

Other Related stories

Startups

Chemical

Petrochemical

Energy

Digitization