New Delhi, Apr 5 (PTI) Jakson Green has secured an order to set up a methanol synthesis facility at the NTPC's Vindhyachal Thermal Power Plant (VTPP) in Madhya Pradesh.

In a statement, Jakson Group said, it will be "world's first methanol production plant in partnership with NTPC Ltd."

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Group company Jakson Green has won a project from NTPC to establish a methanol synthesis facility, having a capacity 10 tonnes-per-day (TPD) at its VTPP plant in Madhya Pradesh, it said.

Methanol is a cleaner alternative fuel that can be used for various purposes, including power generation and transportation.

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Jakson Green will oversee the entire design, engineering, procurement, and construction of this project on turnkey basis, in partnership with NTPC and a Japanese technology provider for the methanol synthesis process.

"We are confident that this Methanol synthesis plant built in association with NTPC will strengthen India's vision of becoming a methanol economy, which will, in turn, reduce India's dependence on crude oil imports and mitigate pollution," Bikesh Ogra, CEO and MD of Jakson Green Private Limited, said.

(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)