TERI and Blue Planet Solutions sign joint development agreement for TEAM technology

TERI Blue Planet MoU

The Energy and Resources Institute (TERI) has signed a joint development agreement with Blue Planet Environmental Solutions India Private Limited.

Blue Planet Environmental Solutions has created an integrated waste management ecosystem and its technologies have been recommended by the Swachh Bharat Mission and recognised under the Solid Waste Management Rules, 2016.

TERI has long had experience of waste management with TERI’s enhanced acidification and methanation (TEAM) technology. The technology has been successfully tested in the field for different types of organic solid wastes for the generation of useful resources – biogas, electricity and manure.

TERI has provided BPES exclusive rights for further development and usage of the TEAM technology through joint venture, for a period of five years. Under this agreement, the technology would be further developed into a more comprehensive product that would have a competitive edge in the markets. The intellectual property right (IPR) for the product so developed would be jointly owned by BPES and TERI.

Disclaimer: This news item is taken from a press release by TERI

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