NTPC Limited, India’s integrated power utility, has taken a significant stride towards sustainable and green initiatives by signing a non-binding MoU with Numaligarh Refinery Limited (NRL). The partnership aims to explore opportunities in the proposed bamboo-based Bio-Refinery at NTPC Bongaigaon and collaborate on various other environmentally friendly projects.
Numaligarh Refinery Limited, a subsidiary of Oil India Limited, is actively involved in refining and marketing petroleum products. The non-binding MoU was inked on Tuesday, in the presence of prominent figures, including CMD NTPC, Shri Gurdeep Singh; CMD OIL & Chairman NRL, Dr. Ranjit Rath; and MD NRL, Shri Bhaskar Jyoti Phukan.
The collaboration between these two Central Public Sector Enterprises is geared towards boosting their presence in green chemicals and sustainable solutions. The primary focus is to contribute to the national goal of achieving Net-Zero targets and actively participate in the development of the North Eastern Region.
The proposed bamboo-based Bio-Refinery at NTPC Bongaigaon is a key component of this partnership. Bamboo, known for its rapid growth and versatility, is expected to play a crucial role in generating bio-based products, contributing to the overall reduction of carbon footprint.
NTPC, in alignment with its commitment to achieving 60 GW of Renewable Energy capacity by 2032, is strategically positioning itself as a major player in the Green Hydrogen and Energy Storage domain. The company is actively pursuing initiatives like Green Hydrogen, Biofuels, Carbon Capture, and Hydrogen Mobility as part of its broader decarbonization efforts.
