Asia鈥檚 largest CBG plant commences production

16 Aug 2022 CW Team

Asia鈥檚 largest compressed biogas (CBG) plant in Sangrur district of Punjab has now started commercial production, Aman Arora, State鈥檚 New and Renewable Energy Minister said. The minister said the plant with a total capacity of 33.23 tonne CBG per day was commissioned at village Bhuttal Kalan (Sangrur) in April this year. The plant has now started commercial production of CBG, which is being supplied to Indian Oil Corporation (IOCL) outlet.

Besides, PEDA (Punjab Energy Development Agency) has also allocated 42 additional CBG projects of total capacity 492.58 tonne per day (TPD) based on paddy straw and other agro-residue to develop a lasting and sustainable solution to prevent stubble burning while also strengthening the rural economy.

The minister said these projects are expected to fetch private investment of around Rs 1,200 crore, besides generating employment opportunities for 8,000 skilled and unskilled individuals.

With these projects, emission of greenhouse gases will also be reduced and the rural economy will get a boost by providing additional income to farmers from agro residue, he said.

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..