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NRL inks Framework Agreement with M/s Chempolis Oy for implementation of Bio Refinery

23-02-2017


In a significant development towards implementation of its upcoming Bio Refinery Project at Numaligarh, NRL has inked a Framework Agreement with its technology partner of M/s Chempolis Oy, Finland on 22nd Feb, 2017.

The Agreement was signed between GM (Mktg. & BD) - Mr. B. Ekka & GM ( Finance) - Mr. S.D Maheshwari from NRL side and Chairperson- Ms Heli Antila & Director Asia Pacific & America - Mr. Pasi Rousu from Chempolis side .  Also present on the occasion were Director ( Finance) NRL- Mr. S. K. Barua ; Senior Vice President ( Tech & New Ventures), M/s Fortum Corporation, Finland -Mr. Per Langer; Ex-Ambassador of India to Finland Mr A Manickam and senior NRL officials.

The Framework agreement undertakes to implement the Bio Refinery Project in two Phases viz. Phase-I and Phase-II. Phase-I of the Project, scheduled to be completed within a period of six months will involve basic Engineering of the project, completion of EIA ( Environment Impact Assessment) study, obtaining EC( Environment Clearance) including public hearing, in principle agreement on modalities and logistics of  sourcing bamboo feedstock, updating financial feasibility report on the project, debt financing arrangement et al. On successful completion of Phase-I, the full fledged activities of physical construction of the plant shall be initiated through formation of a joint venture Company.

NRL's   Bio Refinery is designed to produce 49,000 tonnes of bio ethanol annually with co-production of furfural and acetic acid from locally available non-food bio-mass feedstock utilising formicobioTM technology from M/s Chempolis Oy, Finland. Bamboo is one of the major non-food biomass resources available abundantly in North East India and is amongst the fastest growing plants. The plant shall have capacity to process 5 lakh tonnes of green bamboo on an annual basis.The bio ethanol so produced would primarily be used to blend NRL petrol as mandated by the National Policy on Bio-fuels, with the surplus to be sold to other oil marketing companies.

As a green initiative to produce energy from renewable sources, the Bio Refinery project is expected to give a fillip to bamboo cultivation in the region on commercially sustainable basis , generating large scale employment and ushering in socio economic transformation of the North East of India.

NRL has already inked MoUs with Nagaland Bamboo Development Agency ( NBDA) and Arunachal Pradesh Bamboo Resources Development Agency (APBRDA) in the latter part of 2015 for sourcing of bamboo for the Bio Refinery.

It is pertinent to mention that in the recently announced Annual Budget,  Government of Assam has pledged support to the Project and has termed the project as 'game changer' for Assam's economy.

 

Photo caption : 

Framework agreement for implementation of Biorefinery Project  being signed by between GM(Mktg. & BD) NRL Mr. B. Ekka(Left) and President Asia Pasic & America, Chempolis Oy, Finland Mr. Pasi Rousu(Right) in presence of Chairperson, Chempolis Oy Ms Heli Antila , Director ( Finance) NRL Mr. S. K. Barua , Senior Vice President ( Tech & New Ventures), M/s Fortum Corporation, Finland -Mr. Per Langer GM ( Finance) NRL Mr. S.D Maheshwari , Ex-Ambassador of India to Finland Mr A Manickam and senior NRL officials at Guwahati on 22-02-17

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S.No.DateUser NameComments
1 31-08-2017 Arivalagan ArumugamThis is the first step to eliminate the complete import of petroleum products from foreign countries. It opens the door for energy security in line with the circulai economy in synchronization with the nature.
2 21-05-2017 Zion Lalrohlun FaihriemCongratulation to NRL. There is no doubt to success, just keep rolling on...
3 06-04-2017 Capt[Retd] Ghanshyam Dascongratulations to NRL on this great initiative- may i suggest that NRL may consider converting nearby Karbi Anglong as the bamboo producing hub & accord special initiatives to co-opt the people of karbi anglong into the bamboo growing & supply portion of the project- the tie -up with other states for supply of bamboo brings no benefit for the people of the areas in & around of the project site
4 06-04-2017 Capt[Retd] Ghanshyam Dascongratulations to NRL on this great initiative- may i suggest that NRL may consider converting nearby Karbi Anglong as the bamboo producing hub & accord special initiatives to co-opt the people of karbi anglong into the bamboo growing & supply portion of the project- the tie -up with other states for supply of bamboo brings no benefit for the people of the areas in & around of the project site
5 02-04-2017 Atul HazarikaIt is a very good step of NE region. We are plan to grow Bamboo in the river bank foe protection of erosion and safe of the embankment. So plz help me regarding this process. 9854417179.

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