Mitsui & Shell-backed biomass-to-steam company Punjab Renewable seeks to raise ₹150 crore
by Narsi | Aug 28, 2023 | Bio Based Pathways, Bio environmental Solutions, Bio Products, Bioenergy, Biofuels, Biomass for Commercial Heating, Biomass for heating and power, Biomass for Industrial Heating, Biomass Power Plants, India Updates
Punjab Renewable Energy Systems Pvt Ltd (PRESPL) is a biomass-to-steam company. PRESPL seeks to raise ₹150 crore. The company’s existing shareholders, including NEEV Fund (holding 37% stake), Mitsui of Japan (34%), and Shell (13%), may either dilute their stakes...Agri waste for power and ethanol production in UP
by Narsi | Aug 8, 2023 | Air Pollution, Bioethanol, Biomass Power Plants, India Updates, Thermal Pathways
August 2023 The Uttar Pradesh government plans to use agricultural waste or biomass to produce pellets and ethanol for power generation and fuel blending. This will provide an additional income source for farmers, reduce air pollution, and save coal costs. The state...Biomass for Power and Ethanol Production in UP
by Narsi | Aug 2, 2023 | Bioethanol, Biofuels, Biomass Power Plants, India Updates
The government of Uttar Pradesh intends to produce ethanol and power from biomass or agricultural waste. In thermal power plants, biomass will be transformed into pellets using a procedure known as extrusion, which will save costs and minimize emissions. In Uttar...