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Get latest articles and stories on Business at LatestLY. New Delhi [India], August 8: Carbon capture is a crucial step in addressing greenhouse gas emissions from legacy sources. However, the current cost of carbon capture stands at a prohibitive USD40-60 per tonne of CO2 captured, making carbon capture and utilisation uneconomical. SeaVar, a US-based start-up led by an Indian-origin team, has developed and patented an innovative non-amine-based CO2 capture process that is expected to reduce the capture cost significantly lower to USD17 per tonne of CO2 captured. This breakthrough is a result of SeaVar’s vast experience in installing systems in various industries, including power plants. The Southern California-based technology company was founded in 2007 by an experienced Indian-origin chemical engineer with 53 years of expertise in emission capture systems. Business News | SeaVar Joins Hands with Jindal Steel and Power Group to Advance Low-cost Carbon Capture Technology.

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