Fortum-led JV commence construction of Biorefinery in Assam

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

A global joint venture of Fortum, Indian state-owned oil refinery company Numaligarh Refinery Limited (NRL) and Chempolis, a Finnish biorefining technology company, has commenced the construction of a bamboo-based biorefinery in Assam, India.

As part of this venture, Fortum and Chempolis will invest in 50% equity stake, while Numaligarh Refinery Limited (NRL) holds majority 50%. The first of its kind biorefinery will be based on formico-technology developed by Chempolis. The key raw material of the biorefinery is bamboo. The main product bio-ethanol will be sold to NRL who will blend it to petrol. In addition, biorefinery produces other biochemical and biocoal. Biocoal will be used in CHP plant to produce heat and power to the biorefinery. Excess power will be sold to NRL's oil refinery where it will replace fossil electricity production.

Fortum’s Bio2X programme investigates new business opportunities with fractioning-based technologies and end-products of the process. Fortum is currently testing several different fractioning methods. The company has also co-operation projects with different companies to test the end products of different methods. Refinery project is part of Fortum’s Bio2X research and development program.

List of the country updates

Country updates

  • February 06, 2019

    Reliance Industries agrees to acquire 88% stakes in Kanoda Energy Systems Pvt. Ltd

    Reliance Industries, a conglomerate led by Mukesh Ambani, has agreed to purchase 88% stakes in renewable energy services firm Kanoda Energy Systems Pvt. Ltd for INR750 million (US$10.46 mill...

    Read more
  • February 05, 2019

    EDF Renewables, SITAC Group sign PPA deal with SECI for its 300 MW wind project in India

    EDF Renewables in India and its partner for wind energy in India, the SITAC Group have announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project...

    Read more
  • February 04, 2019

    Resurgent Power agrees to acquire majority stakes in Prayagraj Power Generation project

    Resurgent Power Ventures Pte Ltd has signed an agreement with State Bank of India-led consortium of lenders to acquire 75.01% stake in Jaiprakash Associates Ltd’s 1980 MW)Prayagraj Pow...

    Read more
  • February 02, 2019

    Shapoorji Pallonji won SECI's 50 MW floating solar PV project tender

    Shapoorji Pallonji has won the tender launched by Solar Energy Corporation of India (SECI) for a 50 MW floating solar photovoltaic project located in Uttar Pradesh, India. The company has b...

    Read more
  • January 29, 2019

    GE Renewable Energy to supply turbines for 300 MW Gadhsisa wind project in Gujarat

    GE Renewable Energy has been selected by ReNew Power to provide 120 GE 2.5-132 turbines for its 300 MW Gadhsisa wind farm located in Gujarat, India.  The 2.5-132 turbines have been des...

    Read more

Share this update