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
Cochin Shipyard HBL Engineering JV
Cochin Shipyard-HBL JV Explained: How India Is Building Its Own Electric Maritime Ecosystem
ONGC deepwater Rig Tender
ONGC Deepwater Rig Tender 2026: How India Plans to Cut Oil Imports with a $20 Billion Mega Project
Noida International Airport
PM Narendra Modi to Inaugurate Noida (Jewar) International Airport on March 28, Boosting UP’s Infrastructure & Connectivity
Bharat Dynamics Expansion
Inside Bharat Dynamics’ ₹15,000 Crore Plan: New Hyderabad & Jhansi Plants to Transform India’s Defence Sector
RailTel SD-WAN Order
RailTel Lands ₹29.48 Crore SD-WAN Order—Here’s How It Will Transform Crime Data Management in Madhya Pradesh
CCC-2
Punjab Govt Trains 1,000+ Students in AI Through Statewide Hackathon, Prepares Schools for Tech Revolution
NABARDInsignia
Chhattisgarh: NABARD Releases ₹1.45 Lakh Crore State Focus Paper, Emphasizing Climate-Resilient Development
IREDA
IREDA Declares Rs 0.60 Interim Dividend for FY 2025–26; Record Date Set for April 2
ADVERTISEMENT
ADVERTISEMENT
Videos
Tilotama Verma IPS
How Tilotama Varma Became UP’s First Woman IPS Officer to Win the President’s Gallantry Medal
WhatsApp Image 2026-03-19 at 6.17
How Surinder Choudhary Uses Long-Distance Running to Stay Mentally Strong in a High-Pressure Police Career
WhatsApp Image 2026-03-16 at 4.18
What Happens After Terror Strikes? Surinder Choudhary Explains the Reality of Counter-Terror Operations
ADVERTISEMENT
UPSC Stories
Nitish Kumar UPSC CSE 2025
From Being Carried by His Mother to Cracking UPSC: Nitish Kumar Secures AIR 847
Nitish Kumar’s UPSC journey to AIR 847 is a story of resilience, disability, and a mother’s sacrifice...
WhatsApp Image 2026-03-24 at 5.09
Vishwajeet Gupta’s Grounded, Gritty Journey to AIR 67 in UPSC CSE 2025 | Exclusive
From a small town in Madhya Pradesh to AIR 67 in UPSC CSE 2025, Vishwajeet Gupta’s journey blends smart...
WEB THUMBNAIL TEMPLATE -6
4 Attempts, 2 Prelims Failures, 1 Dream: How Ishita Sharma from Gorakhpur Turned Setbacks into Strength and Secured UPSC AIR 26
After two prelim failures and a near miss by 14 marks in her third attempt, Ishita Sharma secured AIR...
CSR NEWS
ECIL
ECIL Completes CSR Project by Handing Over Retaining Wall at Rastriya Vidya Kendra, Telangana
ECIL Enhances Student Safety and School Infrastructure in Medchal-Malkajgiri District Through Corporate...
ntpc
NTPC WR-I Launches ₹7.64 Crore CSR Project to Renovate IPD Blocks at N.M. Wadia Hospital, Solapur
Renovation of Buildings A, B, and Annex to Strengthen Healthcare Infrastructure, Improve Patient Care,...
AAI
AAI Provides ₹12.29 Crore CSR Support to Balasaheb Deoras Rugnalay in Pune for Healthcare Expansion
Funding to build new pathology lab and Ayurveda–Panchakarma departments to strengthen community healthcare...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Cochin Shipyard HBL Engineering JV
Cochin Shipyard-HBL JV Explained: How India Is Building Its Own Electric Maritime Ecosystem
ONGC deepwater Rig Tender
ONGC Deepwater Rig Tender 2026: How India Plans to Cut Oil Imports with a $20 Billion Mega Project
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Tilotama Verma IPS
WhatsApp Image 2026-03-19 at 6.17
WhatsApp Image 2026-03-16 at 4.18
ADVERTISEMENT
ADVERTISEMENT