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NTPC Green Energy and Honeywell UOP Collaborate on SAF Production Study

Written by: Team Angel OneUpdated on: Apr 28, 2025, 1:42 PM IST
NTPC Green Energy and Honeywell UOP have signed an MoU to conduct a feasibility study for Sustainable Aviation Fuel production at Pudimadaka Green Hydrogen Hub.
NTPC Green Energy and Honeywell UOP Collaborate on SAF Production Study
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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.

SAF Production as Part of Pudimadaka Hydrogen Hub

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.

Technical Aspects

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.

Investment and Capacity Targets

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!

Market Activity 

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.

Conclusion

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.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 28, 2025, 1:42 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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