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Private Sector | Multi State - India | PID: 202141
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Thermax, through one of its subsidiaries, has bagged work orders aggregating to Rs 500 crore from a leading energy conglomerate for setting up five bio-compressed natural gas (bio-CNG) plants across India. These plants will come up in Rajasthan, Madhya Pradesh, Maharashtra and Uttar Pradesh
With the capacity to produce 110 tpd of bio-CNG, these plants will utilise local feedstock exceeding 1,000 tpd, which includes rice straw, Napier grass, cane trash and soya trash. The bio-CNG generated from these plants will be employed for commercial and captive use by the customer. This is part of Thermax's broader initiative to introduce solutions around biochemicals and bioenergy
Thermax’s another initiative aligned towards clean energy is to install one GW of hybrid renewable energy solutions by FY27. These will be intra-state and inter-state projects, enabling industries with a wide range of offerings, including round-the-clock clean electricity requirements. Amongst the 290 MWp (commissioned and under construction) is its latest wind and solar bundled captive power project comprising 100 MW wind and 90 MWp solar, located at Thoothukudi in Tamil Nadu, which is being evacuated at 110 kV in a phased manner
Thermax manages an operational portfolio of 140 MWp, with an additional 145 MWp under construction, over 300 MW in development, and 400 MW in the pipeline. Besides, it intends to develop gasification plants with carbon capture capabilities to process coal ranging from 100 to 500 tpd. Based on fluidised bed coal gasification technology, the company has implemented a pilot gasifier project at its factory in Pune in partnership with IIT Delhi, with support from the Department of Science and Technology. This developed technology converts high-ash Indian coal into value-added fuels as well as aligns with the government's vision of gasifying 100 MT of coal by 2030
Thermax has also recently launched electrical energy solutions such as the electric boiler and hybrid heat pump for meeting heating and cooling requirements. It has also invested in a biomass-sourcing supply chain for captive consumption to ensure a consistent biomass fuel supply. These focused efforts showcase Thermax's commitment towards energy transition, and developing green and decarbonisation solutions which bridge the gap between energy availability and sustainability
| Updated on: 14 - Dec - 2023
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