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The Economic Times

Business

India to set up first port-based e-methanol facility at Kandla for Rs 2,300 cr

India Kandla DPA Sarbananda Sonowal

In a boost to maritime decarbonisation, the government on Saturday laid the foundation stone for its first port-based e-methanol production facility at Kandla, involving an investment of Rs 2,300 crore.

The 150-tonne-per-day green fuel plant - a joint venture between the Deendayal Port Authority (DPA) and Assam Petro-Chemicals Ltd (APCL)-will supply cleaner fuel to international vessels navigating the busy Asia-Europe trade corridor.

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