MOU
IndianOil signs MoU between SDMC and NTPC
New Delhi: The signing of this MoU between Indian Oil, SDMC and NTPC who shall come together and develop a demonstration Waste-to-energy Plant at Okhla landfill site in Delhi using Gasification technology. This Plant shall process 17500 tons per annum of Refuse Derived Fuel (RDF) produced from combustible components of Municipal Waste to generate syngas which shall in turn be used to generate electricity. - Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Steel, Government of India.
Witnessed the signing of MoU between Indian Oil Corporation Ltd. , NTPC Limited & SDMC Official for the development of waste-to- energy facilities at Okhla landfill site in the presence of Hon. Lt. Gov Delhi, Shri Anil Baijal, Min. Shri Raj Kumar Singh and officials of Ministry of Power, Government of India & Ministry of Petroleum and Natural Gas, Government of India
The landmark facility will help in proper management of municipal solid waste MSW, generation of alternate energy, including electricity, ethanol and Syngas, reduction in GHG emission and creation of economic and employment opportunities in the waste-to-energy value chain.
Indian Oil Corporation Limited (IOCL), commonly known as Indian Oil is an Indian government-owned oil and gas company headquartered in New Delhi. The world of Indian Oil, a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D; a world of best practices, quality-consciousness and transparency; and a world where energy in all its forms is tapped most responsibly and delivered to the consumers most affordably.
The gross refining margin (GRM) during the first half of year 19-20 was US$ 2.96 per bill as compared to US$ 8.45 per bill in corresponding period of previous financial year."
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