You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence Asia/Pacific News Latest Features World Americas EMEA Asia/Pacific Home News & Features Asia / Pacific India's E-Methanol Plant Aims for $750/mt Production Cost for Bunkers India's E-Methanol Plant Aims for $750/mt Production Cost for Bunkers by Ship & Bunker News Team Wednesday September 30, 2026 Tweet Follow @shipandbunker The foundation stone of the e-methanol plant in Kandla was laid last week. Image Credit: Deendayal Port Authority India ’s first port-based e-methanol plant at Kandla is expected to produce the e-methanol at a production cost of about $750/mt . The 1 50 mt/day f acility is being developed at Deendayal Port in Gujarat by Deendayal Port Authority (DPA) and Assam Petro-Chemicals Ltd (APCL) , the government said in press release on Saturday. Ship & Bunker had previously reported that the foundation stone of the new e-methanol plant was laid last week. The Ministry of Ports, Shipping and Waterways said the plant will use renewable power, water and biogenic CO2 to produce e-methanol for supply to methanol-fuelled ships operating on the Asia-Europe trade corridor. The government put the expected production cost at $750/mt, compared with a global rate of about $1,300/mt . The project will be built in two phases. The first phase will add 50 mt/day of capacity, while the second will add another 100 mt/day. Phase I is targeted for completion by January 2027 , with phase II scheduled for March 2027 . DPA will hold a 7 6% share in the project, with APCL holding the remaining 24% . The port authority will provide 75 acres of land, desalinated water and renewable energy for the project. The plant is expected to support a wider green-fuel supply chain at Kandla , including storage, transportation and mar