Port-based green methanol plant

Construction work has begun on what is claimed to be India’s first port-based green methanol plant at the Deendayal Port Authority, Kandla, Gujarat state. The $240 million project is a joint venture between the Deendayal Port Authority and Assam Petro-Chemicals Ltd. (APCL), with relative capital contribution of 76:24. The facility will have a total production capacity of 150 t/d of green methanol, and will use renewable power, water and biogenic CO₂ to produce low carbon fuel for ships. The methanol will be supplied to vessels operating on the Asia-Europe International Trade Corridor, with Kandla envisioned as a green-fuel hub on the Singapore-Rotterdam route.
The development is planned in two phases, with the first phase adding 50 t/d of capacity at an investment cost of $125 million by January 2027, while Phase II will add another 100 t/d at an incremental cost of $115 million by March 2027. The plant is expected to produce green methanol at around $750/t, which compares with a current, albeit exceptional global rate of about $1,300/t.