Everstone-backed EverEnviro to set up 14 biogas plants at Rs.1,000-Cr
EverEnviro Resource Management Pvt Ltd (EverEnviro), a wholly owned subsidiary of PE firm Everstone-promoted Green Growth Equity Fund (GGEF), is planning to set up 14 compressed biogas plants in the country with an investment of INR 1,000 crore. Compressed biogas, or CBG, is a greener fuel produced from waste/biomass sources. It has properties similar to compressed natural gas (CNG) and can be used for automotive, industrial and commercial uses.
Want to receive such news items in your inbox? Click Here to sign up for a trial.