Indian Oil Corporation (IOC), NTPC and South Delhi Municipal Corporation (SDMC) have signed a tripartite memorandum of understanding (MoU) for development of a facility to convert municipal waste into electricity. As per the MoU, SDMC would provide one acre land on lease at the Okhla landfill site in the national capital, while IOC and NTPC will invest 50 per cent each towards setting up and operating the facilities.
The demonstration plant will convert 50 tonnes per day (TPD) of refuse-derived fuel (RDF), obtained from the segregation of municipal solid waste (MSW), to produce synthesis gas, or syngas, which shall, in turn, be used to generate electricity. The plant will deploy state-of-the-art plasma gasification technology, which can process different kinds of wastes such as industrial waste, bio-mass, pet-coke, bio-medical waste, and hazardous waste generated by some industries.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
Company Name | CMP |
---|---|
Reliance Industries | 2976.80 |
Indian Oil Corp. | 167.75 |
BPCL | 603.00 |
HPCL | 475.80 |
MRPL | 218.70 |
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