Japanese refiner Eneos will partner with Indian state-owned utility NTPC's renewable energy subsidiary for potential supply of green methanol, Eneos said on 14 October.
Eneos and NTPC's wholly owned subsidiary NTPC Green Energy (NGEL) signed an initial agreement on 10 October for future supply of renewable energy-derived methanol and hydrogen derivatives, which include synthetic sustainable aviation fuel (e-SAF) and other synthetic fuels.
NGEL will produce the products in Andhra Pradesh, south India. Meanwhile, Eneos will receive the green methanol and supply it as marine fuel, the Japanese company told Argus. The Japanese refiner is also considering using the methanol as feedstock to produce synthetic gasoline, e-SAF or low-carbon olefins in the future, it added.
NGEL has been collaborating with Japanese engineering firm Toyo Engineering to build a supply chain for green methanol.
Toyo and NTPC recently completed a feasibility study for the project, of which Eneos also participated in. The agreement between Eneos and NGEL comes as the development moves into its front end engineering design (Feed) phase.
