The bio-refinery with bamboo biomass as feedstock, being applied by Numaligarh Refinery (NRL) in partnership with two European companies, is predicted to be commissioned by 2023.
On commissioning, the three way partnership would produce 49,000 tonnes of ethanol and different chemical substances thus contributing to India’s goal of reaching 20% ethanol mixing in petrol by 2025.
The authorities mentioned this on Monday in a launch on the all time crude throughput of three.093 million tonnes NRL reported as properly as distillate yield of 87.6% in 2022-23. The 3-MT refinery concluded the monetary 12 months “on a positive note with exemplary physical performance which is expected to translate into financial gains and enhanced bottom lines,” it mentioned.
NRL can also be pursuing capability growth, from 3 million tonnes to 9 million tonnes, which additionally consists of organising a crude oil import terminal in Paradip port, Odisha and laying a 1,640 km pipeline from Paradip to Numaligarh. Total capital expenditure of the refiner in 2022-23 was ₹6,615 crore, the very best to this point and surpassed the earlier file of ₹3,605 crore in 2021-22.