NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Honeywell UOP India Pvt Ltd on April 25, 2025. The MoU was exchanged between D M R Panda, Executive Director (Hydrogen) at NTPC, and Ranjit Kulkarni, Vice President and General Manager (ESS) at Honeywell UOP.
The companies will conduct a feasibility study to explore the production of Sustainable Aviation Fuel (SAF). The study will use Honeywell’s eFining™ technology, carbon dioxide captured from NTPC’s power plants, and green hydrogen generated through NTPC’s renewable energy projects.
The SAF production project is part of NTPC Green’s Green Hydrogen Hub at Pudimadaka, Andhra Pradesh. The hub covers around 1,200 acres and is being developed as an integrated centre for green chemicals and sustainable manufacturing.
The Pudimadaka hub plans to utilise 7 GW of renewable energy and export over 2.5 million tons of green chemicals annually once fully operational.
Honeywell UOP’s SAF can be produced from different sustainable feedstocks. The fuel, when blended up to 50% with petroleum-based jet fuel, is expected to reduce greenhouse gas emissions by 60-80% compared to conventional fuels. The feasibility study will help evaluate combining green hydrogen and captured carbon dioxide to produce SAF at the site.
The projects planned at the Pudimadaka hub are expected to attract investment of approximately ₹1,85,000 crore. They are also projected to contribute to India’s non-fossil energy target of 500 GW by 2030 and create employment opportunities in the region.
Read more: GE Power India Secures ₹382 Million Contract from NTPC!
As of 9:32 AM on April 28, 2025, NTPC Green Energy share price was trading at ₹103.92, a 0.52% up, with a decline of 11.98% over the past six months and 2.07% over the past year.
The MoU between NTPC Green and Honeywell UOP is the beginning of a feasibility study for SAF production linked to NTPC’s Green Hydrogen Hub. Further developments will depend on the outcome of the study and subsequent project evaluations.
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Published on: Apr 28, 2025, 1:42 PM IST
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