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Jakson Green to Set Up First 4G Ethanol Project for NTPC

20 June 20243 mins read by Angel One
Jakson Green has secured an order from NTPC to build a plant in Chhattisgarh for a production of 10 tonnes per day of 4G ethanol from power plant flue gases.
Jakson Green to Set Up First 4G Ethanol Project for NTPC
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Jakson Group is an Indian energy and engineering company with corporate headquarters in Noida, Uttar Pradesh, India. Jakson operates four key businesses in India – Powergen & Distribution, Solar, EPC, and Defence. The company has secured an order from NTPC to build a plant in Chhattisgarh for a production of 10 tonnes per day of 4G ethanol from power plant flue gases.

Jakson Green Bagged Order from NTPC Ltd.

Jakson Green, a new energy transition platform, announced on Wednesday that it has secured an order from state-owned NTPC to establish a plant for producing 4G ethanol from flue gas. The plant, to be located at Lara in Chhattisgarh, will produce 10 tonnes per day (TPD) of 4G ethanol from the flue gases emitted by power plants, according to the company’s press statement. Utilizing the latest carbon capture technology from Veolia Carbon Clean, the plant will capture 25 TPD of CO2 from flue gases, significantly reducing greenhouse gas emissions. This initiative highlights a substantial advancement in sustainable energy and emission reduction.

How will This benefit NTPC?

Awarding the contract to Jakson Green provides substantial benefits for NTPC. By partnering with Jakson Green, NTPC gains access to advanced carbon capture and utilization technologies, significantly reducing its carbon footprint and aligning with global sustainability goals. This collaboration ensures regulatory compliance, enhances operational efficiency, and allows NTPC to focus on core activities while benefiting from cutting-edge solutions. Moreover, it strengthens NTPC’s market position, showcasing its commitment to innovation and environmental responsibility, and potentially leading to financial incentives and improved public perception.

Conclusion: Awarding the contract to Jakson Green presents multiple benefits for NTPC, including reduced carbon footprint, regulatory compliance, operational efficiency, market reputation enhancement, and potential financial incentives. This strategic partnership underscores NTPC’s commitment to innovation, sustainability, and responsible corporate practices in the energy sector. The stock of NTPC Ltd. currently trades at Rs.360.65 a piece.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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