Venture Intelligence (TSJ Media Pvt. Ltd.)
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VA Tech Wabag in pact with Peak Sustainability Ventures to set up bio-CNG plants
Chennai-headquartered VA Tech Wabag Ltd (Wabag), a player in the water technology space, is in pact with Peak Sustainability Ventures (PEAK) to build 100 bio-CNG plants using methane generated by its sewage treatment facilities which would otherwise result in higher emissions and pollution.The proposed bio-CNG gas plants will be set up across India and also in the Middle East, Africa, and Europe.The partnership aims to harness the unused potential of sewage treatment plants and to generate bio-CNG which can be used for mobility applications in trucks and heavy-duty vehicles, and industrial applications, thereby reducing the need for fossil fuels.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.