The Methanol Institute (MI), The Energy and Resources Institute (TERI), and the Indian Institute of Technology (IIT) Kanpur have entered into a Memorandum of Understanding (MOU) to jointly drive the use of methanol as an alternative fuel for different applications.
The companies have agreed to promote sustainable pathways of methanol production in India.
The partnership aims to create greater awareness about methanol as a fuel across the automotive, maritime, power, and cookstove markets through targeted industry conferences, workshops, seminars, and business consultations.
The collaboration will identify and develop research projects in India that can serve as testbeds for methanol-related technologies. Under this alliance, the organizations intend to enrich the policy climate for the methanol market to enhance the country’s energy security, diversify the energy mix and reduce GHG emissions.
Methanol, which has been on the government’s agenda since 2016, is a strategic product that presents an opportunity for India to achieve the 2070 net-zero vision and ensure energy security.
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