Recently, fuel outlets in India began placing banners stating that the petrol they sell contains ethanol, which is a bio-fuel obtained primarily from sugarcane. Some are even printing on theirContinue Reading
India Ratings and Research (Ind-Ra) has assigned Punjab Renewable Energy Systems Pvt Ltd (PRESPL) a long-term issuer rating of BBB-minus with a stable outlook. The company operates in biomass industryContinue Reading
Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL), an Indian biomass-based energy company, has raised private equity investment from Shell. With this follow-on fund investment by Shell, the ‘Series-B’ round of PRESPL standsContinue Reading
Based in Chennai, Orient Green Power which is promoted by SVL, with investments from Bessemer Venture, and Olympus Capital holdings Singapore has decided to disinvest its entire holding of 918,954Continue Reading
Neev Fund, backed by SBICAP and UK Government’s Department for International Development (DFID), has announced a private equity investment of US$ 5 Million in Punjab Renewable Energy Systems Pvt. Ltd.Continue Reading
Touted as the next big thing in renewable or green energy, biomass co-firing uses pellets made from paddy straw and other agricultural residues to generate electricity. NTPC Dadri has startedContinue Reading
Scientists at the National Chemical Laboratory (NCL), Pune, have developed a faster, environment-friendly method for conversion of industrial biomass into biodiesel. An organic compound called furfural is produced from agriculturalContinue Reading
NTPC, India’s largest power producer, plans to start biomass co-firing across all its coal-based thermal power stations in a bid to reduce greenhouse gas emissions and cut pollution, official sourcesContinue Reading
