The financial closure or tie-up of funds for the demonstrative thermal power project with Advanced Ultra Super Critical (AUSC) technology is expected to be done by month-end, Parliament was informed on Thursday.
AUSC technology is designed to help power plants burn less coal for electricity production while reducing carbon dioxide (CO2) emissions.
The sponsoring agency for the Research and Development (R&D) phase of the AUSC technology is the Department of Heavy Industries (DHI).
