Jakson Green has secured an order to set up a methanol synthesis facility at the NTPC's Vindhyachal Thermal Power Plant (VTPP) in Madhya Pradesh.
In a statement, Jakson Group said, it will be "world's first methanol production plant in partnership with NTPC Ltd." Group company Jakson Green has won a project from NTPC to establish a methanol synthesis facility, having a capacity 10 tonnes-per-day (TPD) at its VTPP plant in Madhya Pradesh, it said.
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Methanol is a cleaner alternative fuel that can be used for various purposes, including power generation and transportation.
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Jakson Green will oversee the entire design, engineering, procurement, and construction of this project on turnkey basis, in partnership with NTPC and a Japanese technology provider for the methanol synthesis process.
"We are confident that this Methanol synthesis plant built in association with NTPC will strengthen India's vision of becoming a methanol economy, which will, in turn, reduce India's dependence on crude oil imports and mitigate pollution," Bikesh Ogra, CEO and MD of Jakson Green Private Limited, said.
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