Thermax bags Rs.500 crore worth order to setup 5 bio CNG Plants

The Environment and energy solution provider, Thermax arm has bagged an order of worth more than Rs.500 crore from a leading energy conglomerate to setup five bio-CNG plants across the country.

Thermax bags Rs.500 crore worth order to setup 5 bio CNG Plants

One of the subsidiaries of Thermax has secured orders worth more than Rs. 500 crore from a leading energy conglomerate for setting up five bio- CNG plants across India. With the capacity to produce 110 tonnes per day of bio CNG, these plants will utilise local feedstock exceeding 1000TPD, which includes rice straw, Napier grass, cane trash, and soya trash.

The bio CNG generated from these plants is proposed to be introduced at commercial sectors which ultimately be converted to used by normal people. It is considered to be the broader initiative which provide solutions around biochemicals and bioenergy. Normally, these plants are touted to be setup in Rajasthan, Madhya Pradesh, Maharashtra, and Uttar Pradesh.

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The proposal was accepted at the festival held in Pune which is commonly stand as Thermax Fest . It is a confluence that showcases some of these technologies and cutting edge solutions that can help industries meet their climate commitments . Extensively, the initiative surrounds around installation of 1 GW of hybrid renewable energy solutions by FY 2027. The company has also invested in a biomass sourcing supply chain for captive consumption to ensure a consistent biomass fuel supply.

Currently, the company manages to operate a significant portfolio of 140 MWp under construction , over 300MW in development and 400MW in the pipeline.

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The respective company is stated to be the largest provider of biomass based green energy solutions for fuel flexibility. It has also invested in a biomass sourcing supply chain for captive consumption to ensure a consistent biomass fuel supply.

Further, Thermax envisages to develop gasification plants with carbon capture capabilities to process coal ranging from 100 to 500 TPD. The commendable technology developed in partnership with IIT Delhi , which envisions the gasifying of 100 million tonnes coals by 2030. Similarly, on secondary purpose, it has introduced electrical energy solutions such as electric boilers and hybrid heat pump to help reduce dependance on fossil fuels and achieve net zero carbon emissions through green electricity. 

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