New Delhi, India – The U.S. Trade and Development Agency awarded a grant to Indian Oil Corporation Limited (IOCL), a state-owned Indian oil and gas company, for a feasibility study to assess the viability of using innovative technologies to convert refinery waste gases to fuel-grade ethanol at IOCL’s Panipat Refinery in Haryana, India.
The study supports the Indian government’s commitment to increasing the supply of fuel-grade ethanol for gasoline blending and reducing greenhouse gas emissions from Indian refineries and vehicles. LanzaTech, Inc. (Skokie, IL), a world leader in gas fermentation, will conduct the feasibility study.
“USTDA is pleased to support this flagship project in the conversion of waste gases to ethanol in the refining industry in India,” said Heather Lanigan, USTDA’s Acting Regional Director for South and Southeast Asia. “This project will also create new business opportunities for U.S. companies in India’s rapidly growing refining sector.”
“Our association with USTDA will grow stronger with this engagement,” said Mr. Sanjiv Singh, Chairman, Indian oil Corporation. “This is the second such grant we received from USTDA, and the present grant is for an innovative adaptation of a U.S. technology for a refinery application for the first time in the world.”
“LanzaTech’s carbon recycling platform can turn refinery emissions into sustainable, low carbon products, said Dr. Jennifer Holmgren, Chief Executive Office, LanzaTech. “This technology is just one example of how we can support India’s commitment to zero impact growth; enabling new ways to meet the country’s energy needs, while providing energy security, economic growth and alleviating energy poverty. We are confident that this study will lead to further opportunities to grow our business in India.”
Ms. Lanigan, signed the grant on behalf of USTDA, along with Dr. SSV Ramakumar, Director (R&D) of IOCL, at a ceremony in New Delhi, India.