Keppel and AM Green to explore sustainable fuel production in South-east Asia, Middle East
Keppel Corporation’s infrastructure division and AM Green, which is wholly owned by the founders of Hyderabad-based Greenko, have decided to jointly explore opportunities in producing biogenic carbon-based sustainable fuels in South-east Asia and the Middle East.
These sustainable fuels can serve as an environmentally sustainable alternative to fossil fuels to support the decarbonisation of heavy industrial operations and the aviation sector. The companies estimate that these two regions can harness and aggregate at least a million tonnes of biogenic carbon dioxide per year.
The companies signed an MoU against the backdrop of COP 28 in Dubai.
In addition, Keppel and Greenko will also identify areas for collaboration in the value chain of a bio-methanol project in India. The project aims to produce 500,000 tonnes of bio-methanol annually.
Biofuels, which are derived from organic material such as plant and animal biomass, make up the largest source of renewable energy in use globally, accounting for 55% of renewable energy and over 6% of the world’s energy supply.
The production and combustion of sustainable fuels significantly reduce greenhouse gas emissions, making them effective cleaner sources of energy.
Keppel currently operates a 273,750 tonne per year anaerobic digestion and composting plant in Qatar which was designed and built by Keppel in 2012. This is the world’s largest composting plant, and has the capacity to generate close to 110,000m3 of biogas daily, which is converted into green electricity for operational use, as well as export to the grid.
Keppel is also involved in industrial carbon-capture feasibility studies for waste-to-energy facilities in Singapore and the United Kingdom.
Cindy Lim, CEO of
