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Agrotech, Biofuel industry, Company News, India

Earlier in October 2021, both the Companies had entered into an agreement to form a 50:50 Joint Venture to this end.

In a significant development, Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel and Bio-bitumen among others. Earlier in October 2021, both the Companies had entered into an agreement to form a 50:50 Joint Venture to this end.

Talking about the development, Shrikant Madhav Vaidya, Chairman, Indian Oil, said, “The collaboration with an Indian biofuel major – Praj, is a remarkable milestone in Indian Oil’s green energy transition journey. It will strengthen our resolve to achieve our goal of net-zero operational emissions by 2046 and maintain our leadership in the green energy domain.”

Vaidya also added that India being an agrarian economy, offers the advantage of sufficient availability of feedstock. The indigenous biofuels will be a game changer in helping India chart its decarbonization journey. Biofuels offer a win-win situation by reducing dependence on crude imports, boosting the rural economy, and offering sustainable, cleaner mobility options.

Dr Pramod Chaudhari, Founder Chairman, Praj Industries said, ” Indian Oil & Praj have been collaborating to facilitate India’s energy transition towards a greener future in the past as well. The nation’s first-of-its-kind advanced biofuels refinery at IndianOil’s Panipat complex is based on Praj’s proprietary 2G technology. This year in May, IndianOil and Praj partnered with AirAsia India and flew India’s first-ever commercial passenger flight powered by a blend of ‘indigenous’ Sustainable Aviation Fuel. We are proud of our partnership with IndianOil, which is further reinforced with this important milestone.”

He also added that Biofuels positively impact the socio-economic and environmental aspects thereby facilitating sustainable development. Readying India to build sustainable aviation fuels production capacity in pursuit of clean skies is our priority, to strengthen Atmanirbhar Bharat.

In pursuit of energy self-reliance by leveraging captive resources, the country has aggressive plans to reconfigure the transportation fuel mix with biofuels. Biofuels are an integral part of India’s flourishing Bioeconomy that plays a significant role as a sustainable climate action tool.

Earlier in October 2021, both the Companies

Biofuel industry, Company News, Seeds, World

Casterra will supply the castor seeds in 2023 for the cultivation of castor plants to produce oil for sustainable biofuel

Casterra Ag Ltd. a subsidiary of Evogene Ltd. announced an additional $2.2 million of purchase orders to supply castor seeds during 2023, for new African territories. Casterra’s castor seeds, developed with Evogene’s GeneRator AI Tech Engine, will be used to grow Castor to produce oil for sustainable biofuel. Casterra’s high-yield, high-oil castor seed varieties are optimised for biofuel production to support the growing sustainable energy market.

The biodiesel market is estimated at $92 billion in 2021, which is about 9 per cent of the overall global diesel market and is expected to reach $190 billion by 2031. In current industry practice, biodiesel is based on a mix of about 93-95 per cent fossil oil and 5-7 per cent non-fossil oil from plants or other sources. The demand for non-fossil oil for biodiesel could increase either by the growth of the biodiesel segment in the regular diesel market and/or by an increase in the percentage of non-fossil used in the biodiesel mix. Biofuels offer significant advantages over conventional petrochemical fuels, presenting a renewable and biodegradable alternative with substantially lower negative environmental impact.

Casterra, as Evogene’s subsidiary, spearheads the development of proprietary high-yield castor varieties leveraging the company’s cutting-edge computational biology technologies. By utilising Evogene’s GeneRator AI tech engine and incorporating advanced computational AI capabilities and proprietary plant genomic databases.

“We are thrilled to receive additional significant purchase orders for our unique castor seed, which confirms our value proposition for the sustainable biofuel industry,” expressed Eyal Ronen, Chief Executive Officer of Casterra. “As we eagerly hope to secure more orders in the future, this accomplishment reinforces our ongoing commitment to delivering exceptional, eco-friendly solutions to meet the ever-growing global demand for renewable energy. After more than a decade of hard work and an investment of tens of millions of dollars in developing our unique varieties and underlying technology, we are proud that Casterra is now a trusted and reliable supplier in this growing market.”

Casterra will supply the castor seeds in

Biofuel industry, Sustainability

This is a first-of-its-kind novel initiative by two leading CPSEs, to support the country’s commitment to achieving renewable energy targets and reduce greenhouse emissions

NTPC RE Limited (NTPC REL) a fully owned subsidiary of the NTPC Limited has recently signed an MoU with National Fertilisers Limited (NFL) to collaborate in the field of renewable energy and green chemicals and mutually explore opportunities for the supply of 90 MW RE-RTC power in phases (30 MW in Phase-1 & 60 MW in Phase-2) and synthesising 50 TPD Green Ammonia for captive use for production of Industrial products by NFL.

This is a first-of-its-kind novel initiative by two leading CPSEs, to support the country’s commitment to achieving renewable energy targets and reduce greenhouse emissions.  

This comes in the backdrop of NTPC announcing its Green Hydrogen initiatives and plan to build the country’s first pilot projects for synthesising green Methanol, setting up green hydrogen filling station, green hydrogen blending into PNG and green energy storage project.

This is a first-of-its-kind novel initiative by

Allied Industry, Biofuel industry

This is believed to be the first transition loan to be provided by a foreign bank to India’s biofuel manufacturing industry

To support India’s push to double the country’s ethanol distillation capacity and blend 20 per cent of ethanol in petrol by 2025, Shree Renuka Sugars Ltd (SRSL), a subsidiary of Wilmar International Ltd, Singapore and one of the largest sugar and green energy (ethanol and renewable power) producers in India, has obtained a five-year Rs 1.75 billion (SGD31 million) transition finance facility from DBS. The proceeds will be used to finance the expansion of SRSL’s sustainable bioethanol business in India. This is believed to be the first transition loan to be provided by a foreign bank to India’s biofuel manufacturing industry.

SRSL’s focus on the capacity expansion of its bioethanol plants in India supports its commitment towards promoting sustainable growth and combating climate change.

Sunil Ranka, CFO, SRSL, said, “Bioethanol production is not new to India. But it holds the key for the transition of the energy sector’s reliance on fossil fuels, to more sustainable biofuels which have a lower carbon footprint and will lead to energy independence of the country. To provide some perspective, India has an ethanol production capacity of about 849 crore litres today. For India’s targeted 20 per cent blending of ethanol in petrol by 2025, the market will need 1,700-crore litre capacity (80 per cent plant efficiency), and this is where we hope to contribute to the growth of the global biofuel industry by ramping up our bioethanol production capacity to contribute to achieving this ambitious but meaningful target.”

This is believed to be the first

Environment, Live Stock

Harit Dhara is found very effective in reducing the enteric methane emission upto 17 per cent to 20 per cent when incorporated in the livestock feed

The ICAR-National Institute of Animal Nutrition and Physiology, Bengaluru, Karnataka has commercialised the “Harit Dhara” Technology to the M/s Saideep Exports Private Limited on a non-exclusive basis through the AgrInnovate India on March 24, 2022.

Dr Raghavendra Bhatta, Director, ICAR-NIANP, Bengaluru and MR Aravind, CEO, M/s Saideep Exports signed the Memorandum of Agreement (MoA) on the behalf of their respective organisations for the licensing to manufacture and sell the formulation.

Aravind stated that with the technology’s commercialisation, they can brand their feed as a “Green Feed”. He also said that the technology is truly indigenous in tune with the Aatma Nirbhar Bharat in combating the climate change.

The Harit Dhara developed by the Institute through the comprehensive research over a decade is an anti-methanogenic feed supplement prepared from the natural phyto-sources. It is found very effective in reducing the enteric methane emission upto 17 per cent to 20 per cent when incorporated in the livestock feed.

The partial inhibition of the enteric methanogenesis will have the dual advantage of stabilising the global warming process and enhancing the productivity by re-channelising the saved biological energy. The Institute has already filed a Patent for Harit Dhara.

Harit Dhara is found very effective in

Biofuel industry, Environment, Supply Chain

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world

Summit Carbon Solutions has announced a new partnership with Northern Plains Nitrogen (NPN) in its carbon capture and storage project, which is focused on decarbonising the agriculture and biofuels industries.

NPN is developing a world-scale blue ammonia plant near Grand Forks, North Dakota, which will supply a range of low carbon nitrogen-based fertilizer products to farmers in under-served markets in the northern United States and Canada.  The project site has been acquired and necessary permits have been received to begin site work.

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world, which will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year.

“NPN and Summit Carbon Solutions share the same goal of lowering the carbon footprint of agriculture while supporting farmers,” said Jim Pirolli, Chief Commercial Officer of Summit Carbon Solutions. 

NPN will capture 500,000 tons per year of carbon dioxide emissions, which Summit Carbon Solutions will transport and store permanently in central North Dakota. 

North Dakota Governor Doug Burgum said, “As the first state in the nation to achieve primacy over carbon capture permitting, North Dakota is well-positioned to lead the nation in carbon capture, utilisation and storage. We’re grateful for this investment by Northern Plains Nitrogen and Summit Carbon Solutions as we seek to grow our agriculture, energy and bio-fuels industries with environmental stewardship and positive economic impact for generations to come.”

Summit Carbon Solutions is developing the largest

Biofuel industry, Company News, Supply Chain

The investment would dramatically expand Cargill’s bio-industrial footprint to better serve industrial manufacturers searching for ‘greener’ ingredient solutions. 

Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for €915,000,000 ($1.03 billion) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s bio-industrial footprint to better serve industrial manufacturers searching for “greener” ingredient solutions. 

The transaction, which is subject to regulatory approvals, is expected to close in Summer 2022. Cargill will comply with applicable information and consultation requirements with our employee representative bodies.

“The bio-industrial space is a priority for Cargill, as we strive to support our customers with innovative, nature-based solutions that deliver real-world benefits,” said Colleen May, President of Cargill’s Bio-industrial business. “Combining our diverse, global supply chain and deep operational expertise with Croda’s extensive industrial business capabilities and broad bio-based portfolio will spark a new wave of innovation and create tremendous value for our customers.”

Under the agreement, Cargill would gain nearly 1,000 employees around the world and production facilities spread across Europe and Asia, along with a strong technology portfolio that supports leading market positions in automotive, polymer and food packaging applications.

The Croda acquisition would greatly expand the company’s bio-industrial market presence, especially in Europe, the US and Asia, all high-growth markets for bio-based solutions.

The investment would dramatically expand Cargill’s bio-industrial

Biofuel industry, Environment

New project with the Indian Ministry of Power will showcase Bloom’s hydrogen and power production technologies

Bloom Energy has recently announced that NTPC Limited, India’s largest energy conglomerate under the jurisdiction of the Ministry of Power, has selected Bloom’s electrolyser and hydrogen-powered fuel cell technologies for the country’s first green hydrogen-based energy storage deployment. As part of India’s pledge to reach carbon neutrality by 2070, the project is designed to explore large-scale, off-grid hydrogen energy storage and microgrid projects at strategic locations throughout the country.

Bloom Energy (India) Private Limited, a wholly owned subsidiary of Bloom Energy, was selected for its holistic, comprehensive and efficient technology ecosystem spanning green hydrogen production and carbon-free power.

The collaboration will utilise Bloom Energy’s solid oxide, high temperature electrolyser to generate green hydrogen from renewable electricity produced by a nearby floating solar farm. The hydrogen will then be converted into carbon neutral electricity without combustion through Bloom Energy’s hydrogen fuel cells to power NTPC’s Guest House, a local accommodation intended for use by NTPC employees and guests. The project is expected to commence in 2022 in Simhadri, Visakhapatnam, India.

The solar farm coupled with Bloom Energy’s electrolyser and hydrogen fuel cells is intended to operate around the clock.

“Reducing carbon emissions is the number one priority in the fight against climate change, and green hydrogen will be critical to India’s decarbonisation objectives,” said Venkat Venkataraman, executive vice president and chief technology officer, Bloom Energy.

New project with the Indian Ministry of