The Centre for Advanced Bio-Energy is a joint venture between Indian Oil and the Indian government’s Department for Biotechnology.
Under the partnership, both the firms will jointly develop a new process for the direct conversion of waste CO2 into drop-in fuels through an acetates-to-lipids pathway.
Currently, the Centre for Advanced Bio-Energy is working to increase the production yield of lipids by feeding acetates to microalgae, and the resulting oils can then be refined into fuels using a range of existing processing technologies, the company said.
Commenting on the partnership, LanzaTech CEO Jennifer Holmgren said that India is committed to balance its meteoric economic growth with environmental and social sustainability.
"By converting India’s industrial waste CO2 emissions into low carbon fuels and chemicals, LanzaTech and the Centre can reduce overall emissions while creating a sustainable, domestic supply of transportation fuels.
"We look forward to extending our technology platform and our existing partnerships in India as we work with the team at the Centre on this initiative," added Holmgren.
