Assam government today said NITI Aayog will extend all necessary support for augmenting methanol production of Assam Petrochemicals Limited (APL) by utilising the natural gas available in the state.
According to an official release, NITI Aayog Member VK Saraswat informed this to Assam Chief Minister Sarbananda Sonowal during a discussion here.
"Sonowal informed Saraswat that the government is working to take advantage of the untapped potential of its natural resources, while utilising unconventional energy sources such as methanol production as a substitute for transportation and cooking fuel," it added.
More From This Section
Saraswat apprised Sonowal that there is potentiality of methanol production in Assam and its huge coal reserves can be extensively used for producing methanol.
He also highlighted different sources such as natural gas, CO2, Biomass, Municipal Solid Waste, kitchen waste and wood for deriving methanol, which are available in good quantity in the state.
"Oil import is a major concern for India and its demand is gradually rising. This has significantly contributed to the country's import bill. As a means of energy security and clean fuel, methanol can replace the traditional energy sources and reduce import and pollution," Saraswat said.
Stating that augmentation of methanol production capacity of APL would immensely boost the local economy, he said NITI Ayog would closely work with the company to utilize the stranded natural gas for producing methanol.
The NITI Aayog member also requested the Chief Minister for extending support to augment methanol production capacity of APL along with setting up a Dimethyl Ether (DME) plant and methanol operated cooking gas stove plant in the state.
Sonowal expressed satisfaction over the proposals put forth by Saraswat and assured him that the state government would work closely with the Aayog for preparing a roadmap for exploiting opportunities for enhanced methanol production in Assam.
Disclaimer: No Business Standard Journalist was involved in creation of this content