According to a top company official on Tuesday, Numaligarh Refinery Limited (NRL), based in Assam, has partnered with a Finnish corporation to generate ethanol from bamboo. While speaking virtually at a CII event, NRL managing director Bhaskar Jyoti Phukan stated that the company has invested significantly in a bio-ethanol facility.
“We’ve teamed up with a Finnish company to make ethanol from bamboo. Farmers will supply the bamboo, and the factory will serve as a backup source for oil marketing organisations in the northeast that want to combine motor spirit and ethanol “Phukan elaborated.
The company is attempting to transition away from captive power generation and into the grid, for which it has signed a power purchase agreement with a green power producer, according to the MD.
India, he argued, has to move out of the crude price volatility. He claims that because the northeast has lots of water, hydrogen may be created locally and utilised as a green fuel.
He stated that it is necessary to monetize underground gas reserves as well as to store carbon dioxide in dead wells and reservoirs.
Because of its potential environmental and long-term economic benefits over fossil fuels, the use of ethanol as a fuel for internal combustion engines, either alone or in combination with other fuels, has piqued attention.
Ethanol may be combined with petrol in any proportion up to 100%. (E100). Anhydrous ethanol, or ethanol that does not include water, can be mixed with gasoline in various proportions to reduce petroleum fuel use and pollution.
The Numaligarh Refinery, located in Morangi, Golaghat district, Assam, India, is a joint venture between Oil India, which is owned by the Ministry of Petroleum and Natural Gas of India, and Assam Oil, which is owned by the Ministry of Mineral and Petroleum of Assam.