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Microalgae-based carbon capture system at oil refinery | BusinessLine (Chennai)

Published

19 July 2026

Topic

opportunities

Sectors

Climate Tech

Geography

India

Source

Read at pressreader.com

Verified

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.

Related on Wire

Topics

Climate Tech · carbon-capture · microalgae · oil-refinery · climate-tech · commercialisation