Category: Company news

Company news
CPCB to determine fine for Okhla WtE plant

CPCB to determine fine for Okhla WtE plant

As previously reported, the operator of the Okhla WtE facility was served a notice in April 2019 due to several violations of the Environmental Clearance. The Central Pollution Control Board (CPCB) will now carry out…

Company news
Metso to deliver shredder to Tata Steel

Metso to deliver shredder to Tata Steel

India-based integrated steel producer Tata Steel Ltd. has ordered a Texas Shredder PS metal shredder from Helsinki-based plant manufacturer Metso Corp, Recycling Today has reported. The shredder will be installed at Tata Steel’s upcoming 500,000…

Company news
Beverage producer to establish PET recycling programme

Beverage producer to establish PET recycling programme

As reported by the Times of India, the Indian beverage producer Parle Agro has announced plans to establish an end-to-end PET plastic waste recycling programme, with a total investment of INR 50 crore over the…

Company news
Beverage producer to establish PET recycling programme

Beverage producer to establish PET recycling programme

Indian beverage producer Parle Agro has announced plans to establish an end-to-end PET plastic waste recycling programme, with a total investment of INR 50 crore (EUR 6.42 million) over the next three years. According to…

Biomass Energy
Shell invests USD 7.7 million in biomass company

Shell invests USD 7.7 million in biomass company

Shell India, subsidiary of Netherlands-based oil and gas company Royal Dutch Shell, has invested INR 54,3127 crore (USD 7.7 million) in Indian biomass company Punjab Renewable Energy. According to Bioenergy Insight, Punjab Renewable Energy collects,…

Company news
OGPCL plans to divest its shares in biomass subsidiary

OGPCL plans to divest its shares in biomass subsidiary

The Business Standard reports that Oriental Green Power Company Ltd. (OGPCL) plans to sell its shares of biomass subsidiary, Sanjog Sugars and Eco-Power Pvt. Ltd. (SSEPPL), to Soorya Eco Power Pvt Ltd (SEPPL). OGPCL holds…

Punjab Renewable Energy Systems plans to raise funds worth INR 69.55 crores

Punjab Renewable Energy Systems (PRESPL), an Indian biomass supplier, plans to raise around inr 69.55 crores in a Series B funding round, according to Bioenergy Insight. The company plans to obtain INR 34.77 crores from…

Biogas
Thyssenkrupp and B&W Vølund sign technology agreement

Thyssenkrupp and B&W Vølund sign technology agreement

Engineering and manufacturing company, Thyssenkrupp Industries India Pvt. Limited, has signed a 10 year licensing agreement with Babcock & Wilcox Vølund A/S for its biomass boiler technology, a water-cooled vibrating grate, for application in India…

KKR acquires 60% share in REEL

In a deal valued at INR 3,630 crores, global investment firm KKR has acquired a 60% stake in city-based environment solutions provider, Ramky Enviro Engineers Limited (REEL). This is said to be the largest foreign…

KKR acquires 60% share of Ramky Enviro

American financial investor KKR is acquiring a 60 % share of India-based waste management company Ramky Enviro Engineers, reports the Economic Times. The deal is worth USD 600 million. Ramky Enviro is valued at USD…

Company news
Canadian Pension Fund invests in ReNeW Power Company

Canadian Pension Fund invests in ReNeW Power Company

According to Clean Technica, the Canada Pension Plan Investment Board (CPPIB) has invested CAD 247 million (EUR 158 million) in ReNew Power Company to support it in the acquisition of a renewable energy firm Ostro Energy.…

Martin GmbH and CNIM found new joint venture

German manufacturer Martin GmbH and French company CNIM have founded a new joint venture called CNIM Martin Pvt. Ltd., which is based in Chennai, Tamil Nadu. Both firms seek to strengthen their partnership in order…

Company news
Essel Group wants to create WtE plants across the country

Essel Group wants to create WtE plants across the country

As announced by the chairman of Indian company Essel Group, the company targets the implementation of Waste-to-Energy plants across the country. Essel’s expansion was also mentioned by Prime Minister Narendra Modi during an event to…

Company news
Fortum India seeking to enter WtE market

Fortum India seeking to enter WtE market

Finland-based firm Fortum is planning to launch WtE projects in India in the future. According to the company itsself, it views WtE as one of its four main business activities in India’s energy market, while…

Company news
Fortum India seeking to enter WtE market

Fortum India seeking to enter WtE market

As reported on livemint, Finland-based firm Fortum is planning to launch WtE projects in India in the future. According to the company itsself, it views WtE as one of its four main business activities in…

Company news
Thermax Ltd. buys Polish Barite Investments Sp.

Thermax Ltd. buys Polish Barite Investments Sp.

As reported by Equity Bulls, India-based energy company Thermax has reportedly acquired 100 % of the share capital of Polish firm Barite Investments Sp. z.o.o.. As a direct consequence, Barite will become a subsidiary of…

Company news
Finnish firms apparently look for WtE opportunities

Finnish firms apparently look for WtE opportunities

According to The Economic Times, Finnish companies Vantaa Energy and Ekokem will both showcase projects to India’s power minister in a few weeks. Both firms are active in Finland’s WtE sector, Vantaa Energy being the…

New joint venture to focus on Indian market

Mumbai-based waste management and renewable energy company Mailhem Engineers and French Lhotellier Ikos Group have established a joint venture named Mailhem Ikos Environment Private Limited, as reported by the source. The new joint venture will…

Messe Frankfurt took over Watertech trade fair

Messe Frankfurt Trade Fairs India, the Indian subsidiary of Messe Frankfurt, has acquired the Indian trade fair Watertech from Exhiference Media Pvt Ltd. Watertech is a trade fair and conference on waste, wastewater and recycling…