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Our Bureau

Generates power at Vadodara plant by utilising process flue gases

Kolkata , Jan. 16

Phillips Carbon Black Ltd, an RPG company, announced today that it has become the first carbon black company in the world to earn Rs 2.85 crore (€ 0.482 million) as sale proceeds of certified emission reductions (CERs) from implementation of waste heat utilisation at its Vadodara plant.A press release said the company is generating power at Vadodara by utilising process flue gases from carbon black manufacturing. The gas, which was earlier flared, is generating 12 MW following an investment of Rs 41 crore.

After meeting the plant's own power demand of 4.5 MW, the excess power is being sold to Gujarat State Electricity Board. The earnings on this account, in the current year, are estimated at Rs 14 crore. The company's savings on power purchase amount to Rs 10 crore in a year.

Phillips Carbon Black, according to the release, is the first carbon black company in the world to be registered under the Clean Development Mechanism (CDM) of United Nations Framework Convention on Climate Change. The Vadodara project has been registered with the UN CDM Board.

Between now and 2015, the CDM project at Vadodara is expected to generate over 4.5 lakh CERS valued at Rs 30 crore at current market prices. The CDM Board issued the first lot of CERs a few weeks ago.

The company has three plants at Durgapur, Vadodara and Kochi. In 2006, it sold 2.22 lakh tonnes of carbon black. Sales during the first nine months of the current year are estimated around 1.8 lakh tonnes.

Phillips Carbon Black is in the process of putting up a 30 MW co-generation power plant at Durgapur, which will also use process flue gas from the plant, the release added.

More Stories on : Announcements | Environment | West Bengal

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Phillips Carbon earns Rs 2.8 cr from CERs

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