 "Indian Oil Corporation, IOCL, IOC")
State-run Indian Oil Corporation Ltd (IOCL) and LanzaTech, carbon recycling company, have signed a deal to build the world’s first refinery off gas-to-bioethanol production facility in India at an investment of Rs 350 crore.
LanzaTech has developed a gas fermentation process to make fuels and chemicals. Instead of sugars and yeast, the company uses a biological catalyst to ferment waste gas emissions. “The large volume of waste gas produced at the industrial facilities such as refineries cannot be stored or transported; rather it must be combusted, leading to carbon dioxide (CO2) emissions. Power can be carbon-free and in India, the
