https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Punjab: PEDA Signs MoU to Set up Five Compressed Biogas Projects in the State

PEDA has exchanged the Implementation Agreements signed with M/S. EverEnviro Resource Management Private Limited, Mumbai, for setting up of 5 Compressed Biogas Projects based on paddy straw in the state
Indian Masterminds Stories

The Punjab Energy Development Agency (PEDA), Department of New & Renewable Energy Sources, has exchanged the Implementation Agreements signed with M/S. EverEnviro Resource Management Private Limited, Mumbai, for setting up of 5 Compressed Biogas Projects based on paddy straw in the state in the presence of Chief Minister Charanjit Singh Channi, New & Renewable Energy Sources Minister Dr. Raj Kumar Verka and the Chairman PEDA H.S. Hanspal.

Mr. Randhawa, CEO PEDA informed that these projects will be setup in Tehsils- Jagraon, Moga, Dhuri, Pattran and Phillaur. The company will setup these projects with private investment of about 500 crores, on Build, Operate & Own (BOO) basis under State NRSE Policy-2012.

The total capacity of these projects is 222000 cum raw biogas per day which will be purified to get 92 ton Bio CNG/CBG per day. Further, the Fermented Organic Manure will also be produced in these projects as byproduct which will enhance the fertility of agriculture land and will also replace the utilization of chemical fertilizer.

These projects will start commercial production of Bio CNG by December 2023 or earlier and will provide direct and indirect employment to about 7000 persons. Once operational these projects will consume about 3.5 lac ton of paddy straw annually, thus the farmers of the state will also be benefitted with the sale of agro waste to these projects from their field and the problem of stubble burning will also be mitigated significantly.

The PEDA, CEO further informed that PEDA has allotted 23 such projects of total capacity 263 ton BioCNG per day in the state to Private Developers on BOO basis including above said 5 projects. These projects will be completed by 2022-23 and 2023-24 with private investment of about Rs. 1300-1500 crore. About 35000 persons will be get direct/indirect employment in these projects. Once operational these projects will consume about 9 lac ton paddy straw annually.

Likewise, One largest project of capacity 33.23 ton BioCNG per day being set up by M/s. Verbio India Private Limited, at village Bhuttal Kalan, Distt: Sangrur, will start commercial production by December 2021. About 1.25 lac ton paddy straw will be consumed in this project.

M/s. EverEnviro Resource Management Private Limited has also submitted the request to PEDA for allotment of 5 more Bio-CNG projects in the state. The company has been asked by PEDA to submit Pre-feasibility Reports of these projects for further necessary action.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Daljit Singh Chaudhary
Who Is IPS Daljit Singh Chaudhary? Former BSF Chief Appointed Vice-Chancellor of National Sports University Manipur
BSE Bombay Stock Exchange
BSE Records Strongest Financial Performance in 150-Year History, Revenue Crosses Rs 5,000 Crore in FY26
samrat-choudhary-263553606-16x9_0
Bihar Clears $500 Million World Bank-Assisted Urban Transformation Program to Modernize Cities 
MCL
MCL Appoints Sambeet Saurav Nayak as Chief Vigilance Officer to Strengthen Governance and Transparency
Shahpur Kandi Dam Project
Jharkhand to Build 6,000 Check Dams in Forest Areas to Boost Groundwater Recharge and Wildlife Conservation
mou
FACT and HURL Join Hands to Strengthen Fertiliser Supply with 1.10 Lakh MT Target for FY 2026–27 
SFAC MD
ACC Extends Tenures of Senior IAS Officers Across Key Ministries; Pankaj Yadav Repatriated to Haryana Cadre
NTPC
NTPC Awards 2.67 GWh Battery Energy Storage Projects to Boost Grid Stability Across Thermal Plants
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-05-05 at 6.46
Rupinder Brar: The Officer Connecting Policy, People, and India’s Key Sectors
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
Punjab’s Welfare Push Backed by Surging Revenues
vandana
IRS Vandana Sagar: From Academic Excellence to International Tax Leadership and a Champion’s Mindset
ADVERTISEMENT
UPSC Stories
WhatsApp Image 2026-05-05 at 1.45
She Missed by 0.2 Marks… Twice. Now Srishti Goyal is AIR 160 in UPSC 2025
From missing exams by fractions to cracking UPSC CSE 2025 with AIR 160, Srishti Goyal’s journey is a...
ashish
After Losing His Mother at 10, He Fought On to Fulfil Her Dream
Ashish Sharma’s UPSC journey is a powerful story of loss, persistence, and purpose, culminating in AIR...
Animesh Pradhan UPSC CSE 2025
How Animesh Mishra Cracked UPSC CSE 2025 with AIR 428: Prelims, Mains & Interview Strategy 
Animesh Mishra secured AIR 428 in UPSC CSE 2025 with a strategic and disciplined approach. Read his preparation...
CSR NEWS
NBCC
NBCC Wins ₹103.47 Crore CSR Project Contract from Power Finance Corporation Across India
State-owned NBCC appointed as Project Management Agency to execute CSR initiatives across multiple states,...
REC Limited
REC Limited Launches ₹11.55 Crore CSR-Funded Sankara Eye Hospital in Bihar to Transform Rural Vision Care 
Project to Deliver 1.5 Lakh Eye Consultations and 40,000 Surgeries, Expanding Rural Healthcare Access...
school edcil
EdCIL Boosts Rural Education with New Classrooms and Sanitation Facilities in Varanasi School
Classroom & Sanitation Upgrade: EdCIL Strengthens Education Infrastructure in Varanasi
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Daljit Singh Chaudhary
Who Is IPS Daljit Singh Chaudhary? Former BSF Chief Appointed Vice-Chancellor of National Sports University Manipur
BSE Bombay Stock Exchange
BSE Records Strongest Financial Performance in 150-Year History, Revenue Crosses Rs 5,000 Crore in FY26
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2026-05-05 at 6.46
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
vandana
ADVERTISEMENT
ADVERTISEMENT