(ET)
Oil India Limited’s subsidiary Numaligarh Refinery limited is planning to set up a plant of substantial aviation fuel in Odisha.
Chairman NRL and CMD OIL, Ranjit Rath while talking to media persons on Monday in Guwahati said that 200 KTPA (kilo-tonnes per annum) is part of net zero initiative. “2040 is the target of net zero therefore there are two prolonged strategies one doing net zero and another adding a value addition preposition.”
He added, “As we are witnessing a 7 percent growth year on year, going forward we realised that substantial aviation fuel will be a good business model. A DPR is being prepared, as it will in coastal areas five year down the line there may be opportunity of export. However, we are not foreseeing exports as there will be enough demand within the country.”
MD NRL B J Phukan said that from the bamboo dust of the bio refinery which is expected to come up this year in Assam there is planning to produce activated carbon. “We are taking assistance from IIT Guwahati for biolyser. Activated carbon is in high demand in the cosmetic industry even toothpaste uses it.”
NRL is increasing its capacity from 3 to 9 MMTPA with a 1635 km Km Crude Oil Pipeline from Paradip Port to Numaligarh in Assam.
The Assam Bio Ethanol Private Limited, of which the Numaligarh Refinery Limited (NRL)is the major stakeholder, is expected to start commercial production by the middle of this year.
