According to reports, the TREC-STEP (Tiruchi Regional Engineering College – Science and Technology Entrepreneurs Park) has commenced implementation of a prestigious European Union-funded project for developing a cluster for Clean Coal Technologies (CCT) and Carbon Capture and Storage (CCS) Technologies for the Indian thermal power sector.
In partnership with the Bharat Heavy Electricals Limited (BHEL), TREC-STEP will be implementing a comprehensive set of initiatives in CCT and CCS, disseminating new skills, technologies, and techniques to the Indian thermal power industry in order to take up effective demonstration and deployment actions. The Rs.5.5-crore project of 36-month duration is funded to the extent of 60.24 per cent by the EU.
The remaining Rs.2.2 crore of the project cost is jointly funded by TREC-STEP through the seed fund, and BHEL. The EU has provided the fund through the European Commission under the ‘thematic programme for environment and sustainable management of natural resources’.