ACME Group Signs $1 Billion Green Methanol Deal with Japan's Mitsubishi Gas Chemical
| Key Aspects | Details |
|---|---|
| Agreement | ACME Group signs $1 billion contract with Japan's Mitsubishi Gas Chemical (MGC). |
| Product | 100,000 tonnes of green methanol annually from Paradip, Odisha. |
| Facility | Upcoming production plant in Paradip, Odisha. |
| Purpose | Green methanol to be used as marine fuel in Japan, reducing greenhouse gas emissions. |
| Strategic Significance | Strengthens India-Japan bilateral cooperation in clean energy. |
| Alignment with Indian Policy | Supports India's National Green Hydrogen Mission. |
| Global Compliance | Complies with EU's RFNBO standards and IMO's decarbonisation regulations. |

