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2012-12-28

Mumbai-based cleantech start-up gets Rs 33 cr grant from UK

Mumbai-based cleantech start-up Carbon Clean Solutions (CCS) has recently received a grant of Rs 33 crore from the UK government for developing a technology that captures carbon dioxide from large scale emitters.

Mumbai-based cleantech start-up Carbon Clean Solutions (CCS) has recently received a grant of Rs 33 crore from the UK government for developing a technology that captures carbon dioxide from large scale emitters.

According to a statement issued, the company was chosen amongst numerous applicants under the competition for demonstrating its proprietary carbon capture (CO2) technology.

The funds have been granted from the 125 million pounds set aside by the UK government.

This technology captures carbon dioxide from large scale emitters like power and industrial plants using “proprietary advanced solvent” combined with improved energy integration.

Aniruddha Sharma, co-founder and CEO, Carbon Clean Solutions said, “We believe the UK is one of the most progressive markets for carbon capture technology and our technology is suitably poised to deliver a step-change in performance for our customers. DECC funding will provide us with both credibility and required capital to support and demonstrate our technology at a pilot scale.”

CCS will be working with Imperial College London, UK Carbon Capture and Storage Research Council (UKCCSRC) and PSe (Process Systems Enterprise) as research partners on the project.

The company has developed a new class of solvents APBS, that has been specifically developed for carbon capture from power and industrial plants.

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