Friday, October 16, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEANFastest Growing
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEANFastest Growing
Fiinews
No Result
View All Result
Home Projects

USTDA funds CCUS at IOCL’s Koyali refinery

Fiinews by Fiinews
January 20, 2021
in Projects, Technology
Reading Time: 3 mins read
A A
0
USTDA
0
SHARES
11
VIEWS
LinkedinShare on Twitter

Dastur implements American GHG emission technology

The United States Trade and Development Agency (USTDA), as part of its mission to promote the development of sustainable infrastructure projects and fostering economic growth in partner countries like India, is funding the design and feasibility of industrial carbon capture, utilization and storage  (CCUS) project at the 13.7 million tons per annum (mtpa) Koyali refinery of Indian Oil Corporation Ltd (IOCL). 

Ridgewood, NJ-based Dastur International Inc is the prime contractor and will lead the project.

“This project is an ideal example of the groundbreaking work USTDA supports and makes possible,” said Todd Abrajano, Chief Operating Officer and Head of the Agency. “This innovative solution, the first of its kind in India, is showing how American technology can help reduce GHG emissions in refinery operations while enhancing the energy security of India through EOR.”

“Close on the heels of our recent US Department of Energy win to implement industrial carbon capture at Arcelor Mittal Burns Harbor USA and a landmark project at a Middle East national oil major to implement carbon capture for the lowest cost EOR, I am delighted that Dastur will be able to apply its expertise along with Air Liquide and UT-BEG, to chart the path for the first CCUS project in India of this magnitude. Industrial scale carbon capture and utilization through EOR can be an economically attractive model for India in reducing carbon emissions, enhancing energy security,” elaborated Atanu Mukherjee, President and Chief Executive Officer of Dastur.

According to the International Energy Agency (IEA), industrial greenhouse gases (GHG) from steel, cement, fertilizer plants and refineries make up more than a quarter of all GHGs and are practical targets for implementing CCUS. Enhanced oil recovery (EOR) is a major use of CO₂ to increase an oil field’s recovery from about 40% to 70% of original oil in place, while also storing the CO₂ permanently underground.

IOCL is India’s leading refiner, operating 11 of the country’s 23 refineries. The refinery at Koyali, near Vadodara, is its flagship refinery, and has the potential to capture over 5,000 tonnes per day (tpd) or more than 1.5 mtpa of CO₂ for large scale EOR operations. The CO₂ captured from its hydrogen generation units will be primarily used for EOR at the Oil and Natural Gas Commission’s (ONGC) oilfield at Gandhar, Gujarat, near Koyali. 

The project will examine the technical viability, economic cost and feasibility of capturing CO₂; develop technical specifications, designs and plans; review and identify necessary approvals and permits required; and analyze the environmental benefits of the CCUS project. In addition to EOR and food and beverage applications, it will consider various alternative applications for the captured CO₂ to make the project technically and economically feasible.

“This sustainability initiative from IOCL is probably the first of its kind industrial scale carbon capture project in a large refinery in India. IOCL hopes to capture over 250-500 thousand tons of CO₂ in a year initially and to use the CO₂ for cost-effectively enhancing oil production from ONGC’s oil fields,” added S.S.V. Ramakumar, Director (R&D) and Board member of IOCL.

“In this ambitious and path breaking project, we were pleased to receive global interest from many global firms. We are happy that Dastur Energy along with Air Liquide and the UT Austin, Bureau of Economic Geology will help us analyse and design not only a state-of-the-art commercial scale capture system, but also an economically viable model of carbon capture that can be a fore runner for CCUS in India,” Ramakumar said in a release dated 14 Jan 2021.

The project is being implemented by Dastur along with its Austin, TX-based affiliate Dastur Energy Inc and M. N. Dastur & Co (P) Ltd in Houston, TX based Air Liquide Global E&C Solutions and the Austin, TX based Bureau of Economic Geology (BEG) at the University of Texas at Austin.

Dastur will draw upon Dastur Energy’s intellectual property and capabilities in the areas of energy engineering, carbon capture, EOR, energy supply chains, energy economics, and low-carbon fuels for conceiving and designing this project. #energy #OPEC #environment #carbon #project #IEA /fiinews.com

Tags: Indian Oil Corp Ltd
ShareTweetShare

Related Posts

PIB
Projects

Project: PM inaugurates 5 developments in Ladakh

by Fiinews
October 16, 2026
0
15

Rs.650 crore Kushok Bakula Rinpoche Airport terminal in Leh inaugurated Prime Minister Narendra Modi inaugurated and dedicated five major development...

ideaForge
Projects

Project: ideaForge gets RDI support for YETI

by Fiinews
October 16, 2026
0
14

Pathak says development of advanced autonomous systems opening new possibilities Strengthening India's capabilities in autonomous aerial systems and next-generation logistics,...

PIB

Tech: iDEX-TDF collaborate with defence innovators

October 16, 2026
17
CSA

Tech: India-SG to strengthen cyber resilience

October 15, 2026
17
PM Bloomberg

Tech: India’s radical financial democratization

October 15, 2026
19
LTTS

Tech: EI Lab extends LTTS Engineering Intelligence

October 14, 2026
21
SBI YONO

POPULAR NEWS

  • Wipro emerges leader in Everest’s MatrixTM 2018

    0 shares
    Share 0 Tweet 0
  • Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India shipped $44.4bn goods in Sept
  • Project: PM inaugurates 5 developments in Ladakh
  • Manufacture: Indian semiconductors go global
  • Market: HSBC strengthens Indian financial literacy
  • Tender: Sameera to invest Rs.150cr in parks

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2026 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • ASEAN

© 2026 FIINEWS - Design and developed by 7clicksmedia.