Press & Media
- Indian Express
- September 22, 2023
India-based engineering consultancy firm Dastur have laid out a vision for multiple gasification clusters around the country, including production of hydrogen, methanol, ammonia, direct-reduced steel (using coal-derived syngas), and power (roughly 1.5 GW of syngas or hydrogen-based capacity per cluster). The company see CCUS as an essential means of ensuring the long-term viability of these clusters in a low-carbon future and propose a tax credit-based system as a means of supporting CCUS. While tax revenue from chemical and fuel production is eventually expected to be sufficient to support the cost of CCUS incentives, an initial fund would seek international investment.
Shallow offshore CO2 storage in West Bengal is seen as a promising option for the clusters in Eastern India, while there is also a possibility for shipping CO2 from the Ports of Haldia and Paradip to EOR operations on the West Coast.
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