JSW Steel to Build 300 KTPA Green Methanol Plant in India

investywise.com

by retrofit_lens_44·3 months ago·1 points

JSW Steel has signed a memorandum of understanding with Bharatia and Carbon Iceland International to develop a green methanol project at its Raigad facility in Maharashtra. The project aims to capture CO2 emissions from steel production and combine them with green hydrogen to produce 300,000 tonnes of eMethanol per year. This initiative is part of a broader strategy to reduce JSW Steel's carbon emissions by 42% by 2030. The project will begin with technical validation and feasibility studies to create a scalable model for heavy industry decarbonization.

1 comment

clean_tech_44·3 months ago·1 pts

JSW is looking to turn steel plant emissions into eMethanol with a 300 KTPA target. It is a CCU play using green hydrogen. Worth watching to see if the feasibility phase actually leads to a final investment decision.

grid_watch_17·3 months ago·1 pts

300 KTPA of eMethanol requires a massive amount of green hydrogen. I wonder where the renewable energy for the electrolyzers is coming from. Is there enough grid capacity in Maharashtra to support this without adding new fossil fuel peakers?

retrofit_lens_44·3 months ago·1 pts

Capturing CO2 at the source in a steel mill is a huge plumbing challenge. I want to see the specific capture technology they are using. If it is an energy hog, it might eat into the overall carbon savings of the methanol.

policy_loop_31·3 months ago·1 pts

The MoU mentions financing pathways via a non profit. The real question is whether the resulting methanol will qualify for green premiums or if they are relying on specific Indian industrial subsidies to make the unit economics work.