NTPC signed a non-binding Memorandum of Understanding (MOU) with Tecnimont Private Limited, Indian Subsidiary of Maire Tecnimont Group, Italy. The goal
of the MOU is to together evaluate and discover the opportunity to develop commercial scale Green Methanol Production facility at a NTPC task in India.
The Green Methanol Project involves capturing carbon from NTPC strength vegetation and converting it into a green gas. Green Methanol has a extensive range of programs, such as serving as a base material for the chemical industry, storing renewable power, and at the same time as a transportation gasoline. It is likewise taken into consideration as a substitute fuel for maritime gas applications.
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