L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T) has signed a Memorandum of Understanding(MoU) with power utility major NTPC Ltd(formerly known as National Thermal Power Corporation Limited), a Maharatna PSU. As per the MoU LTHE will be the engineering, procurement and construction management partner to build a carbon dioxide (CO2) to methanol demonstration plant in NTPC Power Station.
Under this MoU, LTHE and NTPC will further collaborate to accelerate the development and then commercialise CO2-to-methanol plants.
The MoU was signed by Mr. Subramanian Sarma, Whole Time Director and Senior Executive Vice President (Energy) and Sh. Ujjwal Kanti Bhattacharya, ED (Projects), NTPC Ltd. It was signed in the presence of Sh. C K Mondol, Director (Commercial), NTPC Ltd. & among other senior officials from L&T and NTPC Ltd.
3 Sub Units of the plant
The plant will comprise 3 subunits namely, carbon dioxide capture from flue gas, hydrogen production by electrolysis of water and catalytic conversion of carbon dioxide, and hydrogen to methanol.
i.Establishing CO2 to methanol plants is an important step towards India’s commitment to combat climate change
ii.The collaboration will enhance NTPC’s extensive experience in engineering, construction and project management to deliver this demonstration project successfully.
General Info about LTHE
LTHE offers design-to-build engineering and construction solutions across the hydrocarbon spectrum, organized under offshore, onshore, construction services, modular fabrication and AdVENT (Advanced Value Engineering and Technology) verticals.
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i.A MoU (Memorandum of Understanding) was signed between the Indian Oil, NTPC Ltd and South Delhi Municipal Corporation (SDMC) on setting up a waste to energy plant at Okhla in Delhi.
ii.A Memorandum of Understanding (MoU) was signed between the National Medicinal plants Board (NMPB) under the Ministry of AYUSH and Indian Council of Agricultural Research (ICAR) – National Bureau of Plant Genetic Resources (NBPGR) under Department of Agricultural Research and Education to conserve Medicinal and Aromatic Plants Genetic Resources (MAPGRs).
Independent Non-Executive Chairman– Vikram Singh Mehta
CEO & MD– Mr. Subramanian Sarma
Headquarters– New Delhi, India
Chairman & Managing Director(CMD)– Gurdeep Singh