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Microalgae-based carbon capture system at oil refinery | BusinessLine (Chennai)
◆ Published
19 July 2026
◆ Topic
opportunities
◆ Sectors
◆ Geography
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Fusion42 · 20 July 2026 · Fusion42 review
Bhopal-based Mushroom World has deployed a microalgae-based carbon capture system at Indian Oil Corporation's refinery in Vadodara, Gujarat, and at a residential township in Maharashtra, marking commercial expansion of the technology.
This Wire brief sits within Fusion42's coverage of Climate Tech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ The Wire takeaway
If you're building carbon capture for heavy industry, Mushroom World just proved the sale: Indian Oil bought this at scale. Oil majors now have a working playbook for microalgae retrofits, which means they'll standardise their specs and suppliers—and cut out anyone not on the list.
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◆ Topics
Climate Tech · carbon-capture · microalgae · oil-refinery · climate-tech · commercialisation