Page 134 - CW E-Magazine (13-2-2024)

Top Stories Iso 9001:2015, Iso 14001:2015 & Iso 18001:2007 Certified Company

BUDGET 2024
Green hydrogen’s allocation for FY25 more than Chemi Pharma Ltd.

Formerly known as Mody Chemi Pharma Pvt Ltd.
doubles Your Reliable Partner in Brominated and Lithium Compounds

The Union Budget for FY25 has of this clean source of
provided for a Budgetary allocation of energy. In the initial stage,
Rs. 600-crore for the National Green two distinct fi nancial in-
Hydrogen Mission, a 102% increase centive mechanisms have
over the previous Rs. 297-crore provi- been proposed with an
ded in the Expenditure Budget document outlay of Rs. 17,490-crore
for FY24. up to 2029-30 – one for PRODUCT LIST
manufacturing of electro- INORGANIC BROMO COMPOUNDS
“The allocation for the Green lysers, and another for pro- Liquid Bromine 99.5% Min. BROMATES
Hydrogen Mission has been increased… duction of green hydro- Hydrobromic Acid 48% & 62% Min. Sodium Bromate
this should provide impetus to the gen. The mission seeks to HBr in Acetic Acid 33% Potassium Bromate
development of the green hydrogen promote development of
ecosystem in the country,” said green hydrogen produc- ORGANIC BROMO COMPOUNDS DIBROMO ALKANE
Mr. Prashant Vasisht, Senior Vice Presi- tion capacity of at least Diphenylacetonitrile Ethylene Dibromide
dent and Co-Head, Corporate Ratings, an outlay of Rs. 17,490-crore for the 5-mtpa per annum with an associated Diphenyl Methane 1,3-Dibromopropane
ICRA. SIGHT programme, Rs. 1,466-crore renewable energy capacity addition 4-Bromo-2,2-Diphenylbutyronitrile 1,4-Dibromobutane
for pilot projects, Rs. 400-crore for of about 125-GW in the country by N-Bromo Succinimide 2-Bromobutane
The National Green Hydrogen R&D, and Rs. 388-crore towards other 2030. It envisages an investment of 1-Bromo-3-Chloropropane
Mission was launched with an initial Mission components. It aims to make over Rs. 8-lakh-crore and creation of CATALYST ALIPHATIC BROMIDE &
outlay of Rs. 19,744-crore, including India a global hub for manufacturing over 6-lakh jobs by 2030. 2,2-Azobisisobutyronitrile ACID BROMIDES
Tetra Butyl Ammonium Bromide
Triethylbenzylammonium Chloride (TEBAC) Allyl Bromide
COLLABORATION Tetrabutylammonium Hydrogen Sulphate (TBAHS) Iso Propyl Bromide
NTPC, Numaligarh Refi nery to explore green chemical HYDANTOIN N-Propyl Bromide
Ethyl Bromide
projects 1,3-Dibromo-5,5-Dimethylhydantoin N-Butyl Bromide
Iso Butyl Bromide
1,3-Dichloro-5,5-Dimethylhydantoin
NTPC Ltd., India’s largest inte- 5,5-Dimethylhydantoin (DMH) Iso Amyl Bromide
N-Octyl Bromide
grated power utility, has signed a LITHIUM SALTS N-Pentyl Bromide
non-binding MoU with Numaligarh Lithium Bromide Anhydrous 99.5% Min. Phosphorus Tribromide
Refinery Ltd. (NRL), a subsidiary Lithium Bromide Solutions 55%
of Oil India Ltd. (OIL), for partner- Lithium Chloride Anhydrous ARYL BROMO COMPOUNDS
ship opportunities in the proposed Lithium Chloride Solutions 50% Para Bromo Phenol
bamboo-based bio-refinery at NTPC Lithium Hydroxide Monohydrate Benzyl Bromide
Bongaigaon and other green chemi- Lithium Molybdate & Chromate (20% Solution) Bromo Benzene
cal projects.
BROMIDE SALTS Also Readily Available
The Assam biorefinery – a pro- Sodium Bromide Cuprous Bromide Aluminium Chloride Benzyl Cyanide
ject of NRL and its Finnish partners Potassium Bromide Zinc Bromide HH 64% Tri N Butyl Amine
Chempolis and Fortum, is India’s Ammonium Bromide Calcium Bromide Succinic Acid Acetone Cyanohydrine
first to use bamboo as feedstock We buy Lithium Bromide Spent / Spent Sodium Bromide / Ammonium Bromide /
and is expected to annually produce Potassium Bromide / HBr of Any Percentage
50,000 tonnes of ethanol, 16,000
tonnes of furfural and 11,000 tonnes their footprint in green chemicals achieving the nation’s Net-Zero tar- Office : B/605, Raheja Plaza 1, LBS Marg, Ghatkopar (West), Mumbai-400 086, Maharashtra, India.
Phone : +91-22-69194044 (40 lines) Direct No : +91-22-4204 4000 Fax : +91-22-2500 0546
of acetic acid. The two CPSEs, and foray into sustainable solu- gets and be partner in development Email : bhaveshmody@modychem.com, modychem@gmail.com, sales@modychem.com Website : www.modychem.com
through this MoU, intend to enhance tions to advance the efforts towards of North-East Region, it said.
Pl. Contact Manufacturers : Mr. Bhavesh Mody - Mobile: +91-98210 51185 / +91-93222 87185
134 Chemical Weekly February 13, 2024

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