Tecnimont Private Limited, Indian subsidiary of Maire Tecnimont Group, and NTPC Ltd today
signed an Memorandum of Understanding (MOU) to jointly evaluate the possibility to develop commercial scale Green Methanol Production facilities in India.
The project involves capturing carbon from NTPC power plants and converting it into green fuel. Green Methanol is used in the chemical industry and as an energy carrier for storing electricity generated from renewable sources, and serving as a transportation fuel. Tecnimont Private Limited serves as the parent Group’s centre of Engineering excellence for India. The Mumbai headquartered firm has 2,000 employees with support offices in New Delhi, Middle East, Abu Dhabi and Malaysia.
