USTDA Advancing India's Production of Cleaner Fuels
September 22, 2016
(USTDA)
Helping to modernize refinery sector to reduce emissions and adverse
environmental impacts
New Delhi, India – Today, the U.S. Trade and Development Agency awarded a grant
to the Indian Oil Corporation Limited (IOCL) to support their refinery
modernization efforts. The agreement was signed at IOCL’s headquarters by Sanjiv
Singh, Director of Refineries at IOCL and John McCaslin, Minister Counselor for
Commercial Affairs at the U.S. Embassy – New Delhi. The program will help IOCL
analyze options for optimizing its refining operations to produce cleaner fuels
from its by-product streams, which will help the company improve efficiencies
and reduce emissions at its refineries to meet Indian environmental standards.
"USTDA is excited to join efforts with IOCL, an important partner, as they seek
to improve operational efficiency and expand the production of cleaner fuels,”
said Henry Steingass, Regional Director for South and Southeast Asia at USTDA.
“We believe this is a great opportunity for U.S. Industry to continue to build
on their relationship with IOCL."
The feasibility study will include a market, technical, economic and financial
analysis of advanced technologies in order to help IOCL identify solutions for
converting pet coke refinery by-products into cleaner chemical products and
fuels. This project follows IOCL’s participation in a USTDA reverse trade
mission that brought Indian energy officials to the United States for meetings
and site visits with U.S. companies focused on refinery modernization
solutions.
The opportunity to conduct this USTDA-sponsored feasibility study will be
competed through Federal Business Opportunities (FBO). A link to the FBO
announcement will be posted to USTDA’s website at www.ustda.gov. Interested U.S. firms should
submit proposals according to the instructions in the FBO announcement.
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