New Delhi, Dec 26 (PTI) NTPC on Monday said it has signed a Memorandum of Understanding (MoU) with Tecnimont Private Limited, Italy to develop a green methanol production facility in India.

"The objective of the MoU is to jointly evaluate and explore the possibility to develop a commercial-scale Green methanol production unit at its project in India," NTPC said in a statement.

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Green methanol has a wide range of applications, including serving as a base material for the chemical industry, storing renewable electricity, in transportation fuel, and maritime fuel applications.

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*** ReNew Power to distribute 3 lakh blankets across 10 states * ReNew Power will distribute 3 lakh blankets to the needy across 10 states under a CSR initiative.

The Gift Warmth initiative will take place in Rajasthan, Uttar Pradesh, Maharashtra, Uttarakhand, Madhya Pradesh, Gujarat, Andhra Pradesh, Telangana, Karnataka and Delhi-NCR, according to a statement in Monday.

The initiative, which was flagged off in December, will continue all through January 2023.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)