In India, Arvind Limited, one of India’s leading textile-to-retail conglomerates, and Peak Sustainability Ventures, a Mumbai-based global climate investment firm, have entered into a partnership to build a large-scale cotton stalk torrefaction plant in Gujarat, with a capacity of 40,000+ tonnes per year, to accelerate Arvind’s decarbonization goals and promote torrefaction at scale in India. The project will convert cotton stalk into torrefied biomass, a cleaner, drop-in substitute for coal in boilers at Arvind’s manufacturing operations, reducing fossil fuel usage. This industrial-scale project, which is the first of its kind in India for cotton stalk, is intended to serve as an economically viable, scalable blueprint for industrial companies to transition away from coal towards biomass-based alternatives.
Tags: Arvind, India, Peak Sustainability Ventures
Category: Fuels