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
G Sathyavathi retired IAS
Retired IAS G Sathyavathi Named Chief Information Commissioner of Karnataka
Nivesh Mitra 3
Yogi Adityanath Launches Nivesh Mitra 3.0 to Boost Ease of Doing Business in Uttar Pradesh
Madhya Pradesh Logo IM
Madhya Pradesh IPS Transfers: Ravi Kumar Gupta Appointed Special DGP Training as 62 Officers Reshuffled
Prasoon Joshi
Who Is Prasoon Joshi? Famous Lyricist Appointed Prasar Bharati Chairman, Replaces IAS Officer; Set to Bring Creative Vision
WCL
Western Coalfields  Wins Performance Excellence Award 2025–26 at IIIE CEOs Conference in Goa
cooperative banks reform 2026
Who Is Rohit Jain? RBI Names Him Deputy Governor, Replaces T. Rabi Sankar
Jeevikabihar
Bihar’s Jeevika Didis Lead Green Revolution, Plant Over 4 Crore Saplings Under Harit Bihar Mission 
Currency
RBI Update: ₹2000 Banknotes Worth 98.47% Returned, Only ₹5,451 Crore Still in Circulation
ADVERTISEMENT
ADVERTISEMENT
Videos
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
Pawan Sareen
Truth Behind India’s LPG Supply Strain Amid Rising Demand and Global Uncertainty 
ADVERTISEMENT
UPSC Stories
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...
Himanshu Tembhekar IDAS UPSC CSE
How to Crack UPSC in Marathi Medium: Himanshu Tembhekar’s Strategy, Challenges, and Success
Himanshu Tembhekar shares his UPSC strategy, challenges of Marathi medium, Prelims tips, and how he cleared...
WhatsApp Image 2026-04-27 at 5.48
Wedding Celebrations Turn Bigger as Suvan Sharma Becomes Jammu’s UPSC Topper
J&K topper Suvan Sharma secured AIR 148 in UPSC CSE 2025 in his sixth attempt, improving from AIR...
CSR NEWS
school edcil
EdCIL Boosts Rural Education with New Classrooms and Sanitation Facilities in Varanasi School
Classroom & Sanitation Upgrade: EdCIL Strengthens Education Infrastructure in Varanasi
ntpc
₹7.19 Crore Healthcare Upgrade: NTPC Sipat Strengthens Bilaspur’s Medical Infrastructure
Big Boost to Healthcare: The initiative was highlighted during an event attended by Tokhan Sahu, Union...
ews
DVK Foundation Launches Scholarship Programme for EWS Students at BGIS Vrindavan
BGIS Vrindavan Partners with DVK Foundation for EWS Student Scholarships
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
G Sathyavathi retired IAS
Retired IAS G Sathyavathi Named Chief Information Commissioner of Karnataka
Nivesh Mitra 3
Yogi Adityanath Launches Nivesh Mitra 3.0 to Boost Ease of Doing Business in Uttar Pradesh
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Punjab’s Welfare Push Backed by Surging Revenues Harpal Singh Cheema
vandana
Pawan Sareen
ADVERTISEMENT
ADVERTISEMENT