From The Economic Times · Bikash Singh · · 2m
India builds first port-based green methanol plant
A 150-tonne-per-day facility at Kandla will produce e-methanol for ships at half the global cost, positioning India as a green fuel exporter.
In brief
A 150-tonne-per-day facility at Kandla will produce e-methanol for ships at half the global cost, positioning India as a green fuel exporter. India's first port-based e-methanol plant at Kandla will produce green fuel for ships at 750 dollars per tonne, undercutting global rates of 1,300 dollars per tonne. Originally…
Foundation stone laid for green fuel plant
Gujarat Chief Minister Bhupendra Patel, Union Minister Sarbananda Sonowal and Assam Chief Minister Himanta Biswa Sarma laid the foundation stone for India's first port-based e-methanol plant at Deendayal Port Authority in Kandla.
Plant will produce green fuel for ships
The one hundred fifty tonne per day facility will use renewable power, water and biogenic carbon dioxide to produce e-methanol, a green fuel for vessels on the Asia-Europe International Trade Corridor.
Two-phase rollout with two point three billion rupee investment
Phase I will add fifty tonnes per day capacity at one point two billion rupees, targeted for completion by January twenty twenty-seven. Phase II will add one hundred tonnes per day at one point one billion rupees, targeted for March twenty twenty-seven.
Green methanol at half the global price
The plant will produce green methanol at seven hundred fifty dollars per tonne, against a global rate of one thousand three hundred dollars per tonne, positioning India as a competitive exporter of green fuel.
“just US$750 per tonne, against a global rate of US$1,300 per tonne”
Joint venture between port and petrochemicals firm
Deendayal Port Authority and Namrup-based Assam Petro-Chemicals Ltd are partners in the project, with capital contribution in a seventy-six to twenty-four ratio. DPA contributes equity capital of five hundred sixty-seven point three two crore rupees, seventy-five acres of land, desalinated water and renewable energy.
Plant will create thousands of jobs
The facility will be amongst the largest e-methanol production facilities in India and will create more than three thousand five hundred direct and indirect jobs, stimulating the complete green energy value chain in and around Kandla.
Supports India's net zero and self-reliance goals
The project supports Prime Minister Narendra Modi's commitment to reach net zero emissions by twenty seventy and supports the mission of Atmanirbharta in energy, Make in India and Make for the World, amid a wider push to expand India's maritime sector.
Kandla to become green fuel hub on global trade route
Sarbananda Sonowal said Kandla will become a green-fuel hub on the Singapore-Rotterdam route and the plant is a model for every major port in the country, opening skilled careers for youth and carrying India toward net zero by twenty seventy.
“Kandla will become a green-fuel hub on the Singapore, Rotterdam route, and this plant is a model for every major port in the country”
The short version
India's first port-based e-methanol plant at Kandla will produce green fuel for ships at 750 dollars per tonne, undercutting global rates of 1,300 dollars per tonne.
