CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Hero Future Energies, the renewable energy arm of Hero Group, will establish its e-methanol plant in Harihar at Davangere, a project estimated to cost about Rs 20,000 crore.
Hero Future Energies chairperson and managing director Rahul Munjal discussed the project with Karnataka Chief Minister Siddaramaiah.
Munjal sought government support and "the same was assured", CM's Additional Chief Secretary LK Atheeq said.
"This (plant) will capture carbon from smoke emitted by industry, combine it with hydrogen and manufacture e-methanol, which is used as a green fuel," Atheeq explained, adding that the process requires water to "ionise and obtain" hydrogen.
The proposed e-methanol plant plans to use emissions from the Viscose Staple Fibre manufacturing unit of Grasim Industries, the flagship company of the Aditya Birla Group.
Company : Hero Future EnergiesRecent News
◉ MEIL secures Rs 13,000 crore nuclear reactor contract - Apr 25,2025◉ EV firm PURE unveils 5MWh grid storage solution - Apr 25,2025
◉ Uppercase to establish its luggage manufacturing plant in Nashik - Apr 25,2025
◉ Titagarh-BHEL collaborate on Rs 24,000 crore project - Apr 25,2025
◉ RITES secures Rs 28 crore Rail Infra contract from Mahanadi Coalfields - Apr 25,2025
◉ HG Infra Engineering qualifies for major battery storage project by GUVNL - Apr 25,2025
◉ Servotech wins 4.1 MW Rooftop solar project from Waltair Division, East Coast Railway - Apr 25,2025