Foundation Laid For Rs 2,300-Crore E-Methanol Plant At Kandla
The foundation stone for India’s first port-based e-methanol plant was laid on Friday at Deendayal Port in Kandla, Gujarat, in a project worth Rs 2,300 crore.
The plant is a joint venture between the Deendayal Port Authority and Assam Petro-Chemicals Limited in a 76:24 ratio, and will have a capacity of 150 tonnes per day.
The foundation stone was laid by Gujarat Chief Minister Bhupendra Patel, Union Ports Minister Sarbananda Sonowal and Assam Chief Minister Himanta Biswa Sarma.
The project will be built in two phases: a 50-tonne-per-day unit by January 2027 at a cost of Rs 1,200 crore, followed by an additional 100 tonnes per day by March 2027 at Rs 1,100 crore. The plant is expected to create over 3,500 direct and indirect jobs.
Officials said the e-methanol produced at Kandla would cost around $750 per tonne, far below the global price of about $1,300, giving India a competitive edge in green fuel for shipping.
Related stories
View all →
Bank Unions Defer 3-Day Nationwide Strike After Talks With IBA
Bank unions deferred their planned three-day nationwide strike after reaching understandings with the IBA in late-night talks.
Jio adds 2.4 million users in August, Airtel 2.1 million
TRAI's August 2026 data shows Jio added 2.4 million mobile users and Airtel 2.1 million, with urban markets driving growth.
Tesla opens first experience centre in Chennai
Tesla opens its first Chennai Experience Centre at Express Avenue Mall, plus a Poonamallee collision centre.
Khabar 24h Editorial Desk — our explainers are prepared by the Khabar 24h editorial team using AI-assisted research tools, and every piece is reviewed by a human editor before publishing. We do not claim original reporting: our work is turning complex topics into simple, accurate summaries. Spotted an error? Write to contact@khabar24h.com — our corrections policy aims for same-day review.
More from this author →
Leave a Reply