Keppel-Greenko to collaborate on bio-methanol project in India
Singapore conglomerate Keppel Corporation Limited and AM Green of Hyderabad’s Greenko Group are to jointly explore opportunities to produce biogenic carbon sustainable fuels, such as bio and green methanol, second-generation (2G) ethanol and sustainable aviation fuel (SAF).
Keppel’s Infrastructure Division and AM Green have signed a Memorandum of Understanding (MOU) at COP28 in Dubai to jointly identify, evaluate and co-develop projects in Southeast Asia and the Middle East, which can harness and aggregate at least one million tonnes of biogenic carbon dioxide (CO2) per year to be used for the production of sustainable fuels in AM Green’s plants.
Keppel and Greenko will also identify areas for collaboration in the value chain of a bio-methanol project in India. The project aims to produce 500,000 tonnes of bio-methanol annually.
Biofuels, which are derived from organic material such as plant and animal biomass, make up the largest source of renewable energy in use globally, accounting for 55% of renewable energy and over 6% of the world’s energy supply.
Mahesh Kolli, President of AM Green said, “We are excited to partner Keppel for this pioneering collaboration, which will propel the transformation of India towards being an exporter of renewable-energy derived products such as green methanol and SAF.
“AM Green will utitlise Greenko’s Intelligent Renewable Energy Storage Platform (IRESP) in the global efforts to combat climate change, and establish us as a reliable, sustainable source of low-cost green molecules to catalyse India’s and the world’s decarbonisation.”
Keppel’s Infrastructure Division CEO Cindy Lim said on 11 Dec, “Biofuels have an important role to play in decarbonising industrial operations and the aviation sector.
“Keppel’s experience in handling and treating domestic waste and organic feedstock, as well as our know-how in effective carbon cycling will benefit this collaboration with AM Green.
“This partnership aims to spur the development of next-generation biofuels and sustainable aviation fuel in the region, which can serve as substitutes for fossil fuels.”
Keppel currently operates a 273,750 tonne per year Anaerobic Digestion & Composting Plant in Qatar which was designed and built by Keppel in 2012. This is the world’s largest composting plant, and has the capacity to generate close to 110,000m3 of biogas daily, which is converted into green electricity for operational use, as well as export to the grid.
Keppel is also involved in industrial carbon-capture feasibility studies for waste-to-energy facilities in Singapore and the United Kingdom. Fiinews.com
