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CLEAN ENERGY
GAIL and Germany’s Verbio to explore agricultural
residue-based CBG projects
GAIL (India) Ltd. and Verbio India
Pvt. Ltd., the Indian arm of German
biofuels producer, Verbio, have signed a
Memorandum of Understanding (MoU)
to jointly explore the setting up of agri-
cultural residue-based Compressed
Biogas (CBG) plants in India.
“This collaboration aims to lever-
age the strengths of both the companies
to promote sustainable energy solutions
and enhance utilisation of agricultural
waste,” a press note from GAIL stated.
The two firms plan to work together based CBG plant. Mr. Sumit Kishore, vide a renewable energy source but
to identify suitable locations for set- Executive Director (Business Develop- also support local farmers by utilising
ting up of greenfield agri residue-based ment and Exploration & Production), agricultural waste, enhancing their in-
CBG plants in joint venture (JV) mode. GAIL and Mr. Ashish Kumar, Manag- come and livelihood.” Mr. Sauter added,
The partners plan to undertake feasibi- ing Director, Verbio signed the MoU, “We are pleased to partner with GAIL
lity studies of the identified projects and in the presence of Mr. Sandeep Kumar to jointly deploy bioenergy as one of
based on the outcome of studies, secure Gupta, C&MD, GAIL, and Mr. Claus the most innovative solutions for stub-
investment approval from their respec- Sauter, Founder/CEO, Verbio Group. ble burning in India. This collaboration
tive management for investment in the aligns with our vision of promoting
project(s) and forming a JV. Further, in Speaking on the occasion, Mr. CBG while supporting the farmers and
line with the MoU, GAIL may explore Gupta, said, “By harnessing agricul- rural economy in India. With a strong
the possibility of acquiring equity in the tural residues for CBG production, partner as GAIL, Verbio will be able to
existing CBG plant of Verbio in Punjab. we aim to contribute to the nation’s replicate the success of CBG proof of
This 33-tonnes per day (tpd) unit is energy security and sustainability concept already implemented in Punjab,
touted to be India’s largest agri-residue goals. This initiative will not only pro- across India.”
NEW PRODUCT RANGE
SRF to make fourth generation refrigerants with
lower GWP
SRF Ltd., engaged in the manu- pated to be completed in about thirty a new substrate, BOPE. Additionally, it
facturing of industrial and specialty months. aligns with our Sustainability agenda, as
intermediates, has approved a project polyolefin substrates like BOPP/BOPE
to establish production facilities for The Board has also approved a are considered more sustainable due to
fourth generation refrigerants, which project to establish a manufacturing their mono-family advantage and ease of
have a notably lower Global Warm- facility for the BOPP-BOPE film line recyclability. The projected cost for this
ing Potential (GWP) and carbon in Indore. “This project provides us project is Rs. 445-crore, and it is expec-
footprint, at an estimated cost of Rs. with an opportunity to expand our cur- ted to be operational in approximately
1,100-crore. The project is antici- rent substrate, BOPP, and venture into 25 months,” it added in a statement.
Chemical Weekly November 5, 2024 149
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