MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

IOT Infrastructure toProduce Eco-Friendly CNG in Tamil Nadu

IOT Infrastructure toProduce Eco-Friendly CNG in Tamil Nadu

IOT Infrastructure and Energy Services have made an announcement that it will bring changes to its biogas plant in Tamil Nadu. The company is jointly managed by the Indian Oil Corporation and Germany’s Oiltanking GmbH and is looking to produce environment-friendly CNG for vehicles. Apart from the new move, the company also intends to set up more Greenfield projects for clean auto fuel.

As per the director of IOT, the company has been using biogas to run the power plant and later found that, if they manage to increase the methane concentration then they will be able to convert it into bio-CNG for vehicles. This would directly help India to cut the direct dependency on liquid fuels.

Since the company’s power is being generated at its plant in Namakkal, Tamil Nadu, the company has decided to invest Rs 25 crores to use new technology which could convert the plant to a bio-CNG unit with a daily output of 12,000 kg.

The company aims to sell bio-CNG from July this year. Apart from the new plan, IOT will establish 5 new Greenfield projects in the time frame of 2-3 years. For the future developments, IOT is in talks with various companies which have agro waste that serve the company as feedstock.

The company is also looking to hold talks with oil companies to sell the bio-CNG. The main motive is to build manufacturing units in small numbers where feedstock is available ad then sell the product in areas closer to the plant.

YOU MAY ALSO LIKE

Salesforce Expands into Thailand, Opens Office in Bangkok

Salesforce has announced permanent presence in Thailand by launching its new office in the country’s capital, Bangkok. The permanent presence wi...

GMLL is expected to soon add two more stores to its retail arm ‘Price Mantra’

Garment Mantra Lifestyle, a popular name in the Indian fashion retail segment, recently made an announcement that the company is expanding its retail ...

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

RECOMMENDED