Akshata Sharma
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Noida-based Gruner Renewable Energy has raised $60 million in funding to expand its presence in the green energy domain and establish new Compressed BioGas (CBG) plants across the country.
According to CEO Utkarsh Gupta (Greenpreneur), Establishing CBG plants in India is crucial for fostering a self-reliant and sustainable future.
With a primary aim of introducing breakthrough technology and highly efficient processes in the biogas industry, a substantial portion of the investment will be allocated to advancing research and development (R&D) initiatives.
They will continue focusing on increasing energy efficiency and the accuracy of biogas production, targeting a projected substantial increase in energy output efficiency, the company said.
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