Dr. Jennifer Holmgren, CEO of LanzaTech & Dr. SSV Ramakumar, Director (R&D), IndianOil signing the Statement of Intent in the presence of Mr. Dharmedra Pradhan, Hon'ble Minister of State (Independent Charge) for Petroleum & Natural Gas, Govt. of India, Mr. Sanjiv Singh, Chairman, IndianOil and senior officials from Indian oil industry.
Indian Oil Corporation Limited (IndianOil), India's flagship national oil company and, LanzaTech, carbon recycling company, have signed a Statement of Intent to construct the world's first refinery off gas-to-bioethanol production facility in India.
LanzaTech has developed a gas fermentation process to make fuels and chemicals. Instead of sugars and yeast, the company uses a biological catalyst to ferment waste gas emissions. The large volume of waste gas produced at industrial facilities such as refineries cannot be stored or transported; rather it must be combusted to make power locally and emitted as carbon dioxide (CO2). Power can be carbon-free, and in India today, the cost of renewable power has fallen below the cost of coal, accelerating the transition to a carbon-free grid. LanzaTech's technology allows refineries to divert waste gases from the grid, supporting the transition to fully renewable power while recycling this carbon into liquid fuels and petrochemicals.
India is adopting a cleaner and greener economic growth pathway today, with the Government running one of the largest renewable capacity expansion programmes in the world. The implementation of the National Smart Grid Mission, along with new programmes for increasing energy capacities from wind and waste conversion, are key elements of this vision. This vision is inextricably linked to the principle of ‘need-based consumption' which follows the need to maximise on existing resources and decarbonise everyday activities.
For liquid fuels, this is highlighted by targets initiated by the Ministry of Petroleum & Natural Gas to increase the supply of ethanol-blended petrol (E10) to all parts of the country. IndianOil is aligned with this Ministerial vision and is working to both reduce its overall emissions and to improve refinery yields. For this reason, IndianOil has selected the LanzaTech technology which enables the beneficial reuse of carbon-rich off-gases for the production of ethanol. The ethanol produced from the recycling of refinery off-gases is expected to have a greenhouse gas emissions savings of over 70 per cent compared to conventional gasoline.
The basic engineering for the 40 million litres (35 K MTA) per annum demonstration facility will begin later this year for installation at IndianOil's Panipat Refinery in Hayrana, India at an estimated cost of 350 crore rupees (USD 55 Million). It will be integrated into existing site infrastructure and will be LanzaTech's first project capturing refinery off-gases. LanzaTech's first commercial facility converting waste emissions from steel production to ethanol will come online in China in late 2017.
"India is on track to exceed its Paris commitments,” said India's Minister of Petroleum and Natural Gas, Mr. Dharmendra Pradhan. “This is thanks to investment in novel low-carbon technologies such as this project between IndianOil and LanzaTech. It is promising to see carbon turned from a liability into an opportunity, where we can reduce emissions, maximise resources and decarbonise our economy.”
“Innovation is one of IndianOil's core values as evidenced by our continued investment in our R&D and engineering teams,” said Mr. Sanjiv Singh, Chairman IndianOil. “Innovation helps us learn and grow and this project at the Panipat Refinery enables us to continue to move forward with our commitment to build a strong sustainable business that demonstrates concern for society and the environment. The biofuels we will be able to produce will support the requirements for motor spirit blends set by the Government of India while enabling IndianOil to add value while reducing its emissions.”
“India is leading a transformational shift which balances industrial growth with the needs of society and the environment,” said Dr Jennifer Holmgren, CEO of LanzaTech. “Changes in the energy paradigm pose a serious challenge for energy companies but IndianOil is taking the challenge as an opportunity. They are leading the next generation of refiners as they diversify India's energy sources and explore alternative ways to meet the country's energy needs, sustain economic growth and alleviate energy poverty. We are very proud to be working with IndianOil as it plans the first deployment of LanzaTech technology in one of its major refineries, demonstrating the broad applicability of emissions recycling across industrial sectors, beyond steel.”
The potential impact of using off-gases from the refining sector in India is considerable. India would be able to produce 40-50 KMTA of ethanol per refinery while saving about 1 million tonnes of CO2 per annum. This is the equivalent emissions savings as taking 850,000 cars off the road in India each year.
For more information about Indian Oil Corporation please visit: https://www.iocl.com
Media Contact:
M Kalikrishna , CGM-CCPR
+918447000201
For more information about LanzaTech please visit: http://www.lanzatech.com
Media Contact:
Freya Burton
+1 (630) 347 8054
At many places in this website, you shall find links to other websites/portals. The links have been placed for your convenience. IndianOil is not responsible for the contents and reliability of the linked websites and does not necessarily endorse the views expressed in them. Mere presence of the link or its listing on this website should not be assumed as endorsement of any kind. We cannot guarantee that these links will work all the time and we have no control over the availability of linked pages.
When you select a link to an external website, you shall be leaving IndianOil's website and shall be subject to the privacy and security policies of the owners/sponsors of the outside website(s).
IndianOil cannot authorise the use of copyrighted material contained in the linked website(s). Users are advised to request for such authorisation from the owners of the linked website(s).
Prior permission is required before hyperlinks are directed from any website/portal to this site. Permission for the same, stating the nature of the content on the pages from where the link has to be given and the exact language of the Hyperlink, should be obtained by sending a request to our Corporate Office. Please visit the Contact Us page of our website for more information.
Also, we do not permit our pages to be loaded into frames on your site. The pages belonging to this site must load into a newly opened browser window of the user.
At many places in this website, you shall find links to other websites/portals. The links have been placed for your convenience. IndianOil is not responsible for the contents and reliability of the linked websites and does not necessarily endorse the views expressed in them. Mere presence of the link or its listing on this website should not be assumed as endorsement of any kind. We cannot guarantee that these links will work all the time and we have no control over the availability of linked pages.
When you select a link to an external website, you shall be leaving IndianOil's website and shall be subject to the privacy and security policies of the owners/sponsors of the outside website(s).
IndianOil cannot authorise the use of copyrighted material contained in the linked website(s). Users are advised to request for such authorisation from the owners of the linked website(s).
Prior permission is required before hyperlinks are directed from any website/portal to this site. Permission for the same, stating the nature of the content on the pages from where the link has to be given and the exact language of the Hyperlink, should be obtained by sending a request to our Corporate Office. Please visit the Contact Us page of our website for more information.
Also, we do not permit our pages to be loaded into frames on your site. The pages belonging to this site must load into a newly opened browser window of the user.
The following terms and conditions will be deemed to have been accepted by the User on usage of the website www.iocl.com. You are requested to read them carefully before you use the services of this site.
The term User shall refer to the user who is browsing the site. The term IndianOil shall refer to Indian Oil Corporation Limited. The term Site refers to www.iocl.com owned and monitored by IndianOil.
By using the Site, you agree to follow and be bound by the following terms and conditions concerning your use of the Site. IndianOil may revise the Terms of Use at any time without notice to you. Areas of the Site may have different terms of use posted. If there is a conflict between the Terms of Use and terms of use posted for a specific area of the Site, the latter shall have precedence with respect to your use of that area of the Site.
IndianOil may terminate User's access at any time for any reason. The provisions regarding to disclaimer of warranty, accuracy of information, and indemnification shall survive such termination. IndianOil may monitor access to the Site.
All content present on this site is the exclusive property of IndianOil. The software, text, images, graphics, video and audio used on this site belong to IndianOil. No material from this site may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from IndianOil. All rights not expressly granted herein are reserved. Unauthorized use of the materials appearing on this site may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties. IndianOil is a registered trademark of Indian Oil Corporation Ltd. This trademark may not be used in any manner without prior written consent from IndianOil.
IndianOil does not make any warranties, express or implied, including, without limitation, those of merchantability and fitness for a particular purpose, with respect to any information, data, statements or products made available on the Site.
The Site, and all content, materials, information, software, products and services provided on the Site, are provided on an "as is" and "as available" basis. IndianOil expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
IndianOil shall have no responsibility for any damage to User's computer system or loss of data that results from the download of any content, materials, information from the Site.
IndianOil may change or discontinue any aspect of its website at any time, including, its content or features. IndianOil reserves the right to change the terms and conditions applicable to use of the Site. Such changes shall be effective immediately upon notice, which shall be placed on the Site.
In no event will IndianOil be liable for damages of any kind, including without limitation, direct, incidental or consequential damages (including, but not limited to, damages for lost profits, business interruption and loss of programs or information) arising out of the use of or inability to use IndianOil's website, or any information provided on the website, or in the Products any claim attributable to errors, omissions or other inaccuracies in the Product or interpretations thereof. Some jurisdictions do not allow the limitation or exclusion of liability. Accordingly, some of the above limitations may not apply to the User.
User agrees to indemnify, defend and hold IndianOil harmless from and against all losses, expenses, damages and costs, including reasonable attorneys' fees, arising out of or relating to any misuse by the User of the content and services provided on the Site.
The information contained in the Site has been obtained from sources believed to be reliable. IndianOil disclaims all warranties as to the accuracy, completeness or adequacy of such information.
IndianOil makes no warranty that: (a) the Site will meet your requirements; (b) the Site will be available on an uninterrupted, timely, secure, or error-free basis; (c) the results that may be obtained from the use of the Site or any services offered through the Site will be accurate or reliable.
The User's right to privacy is of paramount importance to IndianOil. Any information provided by the User will not be shared with any third party. IndianOil reserves the right to use the information to provide the User a more personalized online experience.
The Site provides links to web sites and access to content, products and services from third parties, including users, advertisers, affiliates and sponsors of the Site. You agree that IndianOil is not responsible for the availability of, and content provided on, third party web sites. The User is requested to peruse the policies posted by other web sites regarding privacy and other topics before use. IndianOil is not responsible for third party content accessible through the Site, including opinions, advice, statements and advertisements, and User shall bear all risks associated with the use of such content. IndianOil is not responsible for any loss or damage of any sort User may incur from dealing with any third party.
The following terms and conditions will be deemed to have been accepted by the User on usage of the website www.iocl.com. You are requested to read them carefully before you use the services of this site.
The term User shall refer to the user who is browsing the site. The term IndianOil shall refer to Indian Oil Corporation Limited. The term Site refers to www.iocl.com owned and monitored by IndianOil.
By using the Site, you agree to follow and be bound by the following terms and conditions concerning your use of the Site. IndianOil may revise the Terms of Use at any time without notice to you. Areas of the Site may have different terms of use posted. If there is a conflict between the Terms of Use and terms of use posted for a specific area of the Site, the latter shall have precedence with respect to your use of that area of the Site.
IndianOil may terminate User's access at any time for any reason. The provisions regarding to disclaimer of warranty, accuracy of information, and indemnification shall survive such termination. IndianOil may monitor access to the Site.
All content present on this site is the exclusive property of IndianOil. The software, text, images, graphics, video and audio used on this site belong to IndianOil. No material from this site may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior written permission from IndianOil. All rights not expressly granted herein are reserved. Unauthorized use of the materials appearing on this site may violate copyright, trademark and other applicable laws, and could result in criminal or civil penalties. IndianOil is a registered trademark of Indian Oil Corporation Ltd. This trademark may not be used in any manner without prior written consent from IndianOil.
IndianOil does not make any warranties, express or implied, including, without limitation, those of merchantability and fitness for a particular purpose, with respect to any information, data, statements or products made available on the Site.
The Site, and all content, materials, information, software, products and services provided on the Site, are provided on an "as is" and "as available" basis. IndianOil expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
IndianOil shall have no responsibility for any damage to User's computer system or loss of data that results from the download of any content, materials, information from the Site.
IndianOil may change or discontinue any aspect of its website at any time, including, its content or features. IndianOil reserves the right to change the terms and conditions applicable to use of the Site. Such changes shall be effective immediately upon notice, which shall be placed on the Site.
In no event will IndianOil be liable for damages of any kind, including without limitation, direct, incidental or consequential damages (including, but not limited to, damages for lost profits, business interruption and loss of programs or information) arising out of the use of or inability to use IndianOil's website, or any information provided on the website, or in the Products any claim attributable to errors, omissions or other inaccuracies in the Product or interpretations thereof. Some jurisdictions do not allow the limitation or exclusion of liability. Accordingly, some of the above limitations may not apply to the User.
User agrees to indemnify, defend and hold IndianOil harmless from and against all losses, expenses, damages and costs, including reasonable attorneys' fees, arising out of or relating to any misuse by the User of the content and services provided on the Site.
The information contained in the Site has been obtained from sources believed to be reliable. IndianOil disclaims all warranties as to the accuracy, completeness or adequacy of such information.
IndianOil makes no warranty that: (a) the Site will meet your requirements; (b) the Site will be available on an uninterrupted, timely, secure, or error-free basis; (c) the results that may be obtained from the use of the Site or any services offered through the Site will be accurate or reliable.
The User's right to privacy is of paramount importance to IndianOil. Any information provided by the User will not be shared with any third party. IndianOil reserves the right to use the information to provide the User a more personalized online experience.
The Site provides links to web sites and access to content, products and services from third parties, including users, advertisers, affiliates and sponsors of the Site. You agree that IndianOil is not responsible for the availability of, and content provided on, third party web sites. The User is requested to peruse the policies posted by other web sites regarding privacy and other topics before use. IndianOil is not responsible for third party content accessible through the Site, including opinions, advice, statements and advertisements, and User shall bear all risks associated with the use of such content. IndianOil is not responsible for any loss or damage of any sort User may incur from dealing with any third party.
GRIEVANCE OFFICER
In accordance with the Indian Information Technology Act 2000 and the rules notified thereunder, the contact details of the Grievance Officer are provided below:
Sh. Abhinav Bhatt,
Corporate Business Technology Centre,
Indian Oil Institute of Petroleum Management Campus,
Plot No. 83, Institutional Area,
Sector 18, Gurugram,
Haryana – 122001
Email: data-grievance[at]indianoil[dot]in
Phone : 0124-2861509
Click here to view IndianOil's Data Privacy Policy (Offline Data Collection).
Click here to view IndianOil's Data Privacy Policy (Online Data Collection).
CHANGES TO THIS PRIVACY POLICY
The Policy is subject to modifications from time to time. If IOCL decides to change this Policy, IOCL shall publish the modified Policy on its website.
GRIEVANCE OFFICER
In accordance with the Indian Information Technology Act 2000 and the rules notified thereunder, the contact details of the Grievance Officer are provided below:
Sh. Abhinav Bhatt,
Corporate Business Technology Centre,
Indian Oil Institute of Petroleum Management Campus,
Plot No. 83, Institutional Area,
Sector 18, Gurugram,
Haryana – 122001
Email: data-grievance[at]indianoil[dot]in
Phone : 0124-2861509
Click here to view IndianOil's Data Privacy Policy (Offline Data Collection).
Click here to view IndianOil's Data Privacy Policy (Online Data Collection).
CHANGES TO THIS PRIVACY POLICY
The Policy is subject to modifications from time to time. If IOCL decides to change this Policy, IOCL shall publish the modified Policy on its website.
All content, designs, logos, images, and materials displayed on this website are protected by copyright and other intellectual property laws. Unauthorized reproduction, distribution, or modification of any content from this site is strictly prohibited and may result in legal action.
Prohibition of Design and Layout Replication
We kindly remind our users, visitors, and third parties that replicating, copying, or imitating our website’s design, layout, or any distinctive features without explicit authorization is strictly prohibited. This includes, but is not limited to:
Replicating the visual design or layout of our webpages.
Copying or mimicking our unique combination of colors, fonts, graphical elements, or navigational elements.
Reproducing our website’s structure, organization, or presentation.
Using any automated tools, software, or manual methods to replicate or copy any aspect of our website’s design or layout
Copyright Infringement Notice
We take copyright infringement seriously and will pursue appropriate legal action against those who infringe upon our intellectual property rights.
Conclusion
We appreciate your understanding and compliance with our Copyright Policy. By accessing or using our website, you agree to abide by these copyright protections and refrain from unauthorized replication or copying of our design and layout.
Thank you for visiting!
All content, designs, logos, images, and materials displayed on this website are protected by copyright and other intellectual property laws. Unauthorized reproduction, distribution, or modification of any content from this site is strictly prohibited and may result in legal action.
Prohibition of Design and Layout Replication
We kindly remind our users, visitors, and third parties that replicating, copying, or imitating our website’s design, layout, or any distinctive features without explicit authorization is strictly prohibited. This includes, but is not limited to:
Replicating the visual design or layout of our webpages.
Copying or mimicking our unique combination of colors, fonts, graphical elements, or navigational elements.
Reproducing our website’s structure, organization, or presentation.
Using any automated tools, software, or manual methods to replicate or copy any aspect of our website’s design or layout
Copyright Infringement Notice
We take copyright infringement seriously and will pursue appropriate legal action against those who infringe upon our intellectual property rights.
Conclusion
We appreciate your understanding and compliance with our Copyright Policy. By accessing or using our website, you agree to abide by these copyright protections and refrain from unauthorized replication or copying of our design and layout.
Thank you for visiting!