India rising to the top of the bioeconomy

In June we reported that Numaligarh Refinery Limited has taken a giant step forward by establishing a joint venture, Assam Bio-Refinery Pvt. Limited (ABRPL) with equity participation of M/s Chempolis Oy of Finland and M/s Fortum 3 B.V. of Netherland to build and operate the first of its kind Bio Refinery in India which would generate renewable green fuel-bioethanol, other valuable chemicals  and green power from bamboo biomass. The joint venture company incorporated on June 4, 2018 has three partners with major equity holding of 50% by NRL, 28% by Fortum 3.B.V. Netherland and 22% by Chempolis Oy, Finland.