Numaligarh Refinery Limited (NRL) on Wednesday inked an important ‘framework agreement’ with its technology partner Chempolis Oyo of Finland to give concrete shape to the implementation of the Rs 950 crore bio-refinery project.
The project is designed to produce 49,000 tonnes of bioethanol annually with co-production of furfural and acetic acid using ‘formicobio’ technology of Chempolis Oyo. The plant will use bamboo, which grows abundantly in the region, as its feedstock to produce the fuel grade bioethanol.
The project has been planned to keep in view the future demand of bio-fuel in the region. The bioethanol so produced would be