Innovations and Solutions

Tata Steel has signed a Memorandum of Understanding (MoU) with BHP, a leading global resources company, with the intention to jointly study and explore low carbon iron and steelmaking technology.Under the partnership, Tata Steel and BHP intend to collaborate on ways to reduce the emission intensity of the blast furnace steel route, via two priority areas – the use of biomass as a source of energy and the application of carbon capture and utilisation (CCU) in steel production.

Ceres Power Holdings plc (Ceres) has signed an agreement with Shell to deliver a megawatt scale solid oxide electrolyser (SOEC) demonstrator in 2023.Shell and Ceres are building this partnership to utilise SOEC technology to deliver high-efficiency, low-cost green hydrogen; now widely viewed as a credible route to decarbonise hard-to-abate parts of the energy system that rely on fossil fuels.Shell is targeting to become a net-zero energy business by 2050, by reducing emissions from its operations and from the fuels and other energy products it sells to its customers.

SECL, has taken a step toward setting up a power plant. This MoU has been signed with Madhya Pradesh Power Generating Company.

Vedanta plans to modify the design of one of its waste heat recovery power plants in Goa and reoptimise its turbines through the use of specialised technology to increase power generation by another 5 MW, a top official of the company said.This is in line with Vedanta's efforts toward reducing its carbon footprint.Vedanta has already used this technology to increase the power generation of one of its power plants in Rajasthan.The company plans to invest in the technology, he said adding that it is just a technological up-gradation of higher efficiency.

Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, has launched the city gas distribution (CGD) network in Aurangabad and Ahmednagar districts.

Aspen Technology Inc, the asset optimisation software company has announced that Indian energy company Numaligarh Refinery Limited (NRL) has chosen to partner with AspenTech in the company’s digitalisation journey, in pursuit of operational excellence via proven innovation.

Singapore’s sovereign wealth fund GIC (GIC), and InterContinental Energy (ICE), the leading dedicated green fuels company, announce GIC’s strategic equity investment in ICE.

Ambuja Cements, ACC, and IIT Delhi will work together as part of a research project financed by Holcim Innovation Centre, a French research organization.

Abu Dhabi Waste Management Centre (Tadweer) has signed a Joint Project Development Agreement with Etihad Airways to facilitate the development of the first Waste-to-Sustainable Aviation Fuel (WtF) plant in the Middle East Region.On completion, the plant will have the potential to transform up to 4 million tonnes of Municipal Solid Waste (MSW) every year into Sustainable Aviation Fuel (SAF), said a statement from the company.The SAF produced from the WtF plant in Abu Dhabi would be compliant with the International Civil Aviation Organisation’s (ICAO) standards for decarbonisation of the aviation sector.

The Prime Minister, Shri Narendra Modi inaugurated the first Global Innovation Summit of the Pharmaceuticals sector. Union Minister Dr Mansukh Mandaviya was present on the occasion.Addressing the gathering, the Prime Minister said that the pandemic has brought the Pharmaceuticals sector into sharp focus.