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(LR Energy) LR Energy signs its 2nd Commercial Agreement for Production and Supply of Compressed Bio-Gas with GAIL Gas Limited under SATAT scheme to promote CBG as an alternative, green transport fuel for structured management of biomass and organic waste. This project will be located at Sonepat, Haryana with a daily production of 5000 Kg of compressed Bio-Gas. This is LR Energy’s 3rd commercial agreement with an Oil Marketing Company in India. … As LR Energy is India’s leading developer of renewable energy with a proven track record in delivering high performance cost competitive solar photovoltaic plants and compressed biogas production to the market, the company is dedicated towards promoting environmental and social sustainability with clean energy offerings for present and future generations. In today’s world of climbing fossil fuel prices, approaching the peak oil supply limit, and discussions of global warming, LR Energy is addressing environmental pro ....
The Compressed BioGas will be purchased by GAIL Gas Ltd which will replace the conventional transport fuel. The project is expected to be commissioned by June 2022 and generate a revenue of INR 1 Million (~USD 1.4 Million) + per year and offset 20,000 tons of Co2e every year. “We are extremely thankful to GAIL India Ltd. and its Committee of Start-Up to invest in us. At LR we are always thriving to set up projects which will help reach net zero global emissions” said Mr. Ekas Barara, Director-LR Energy VPL. LR Energy VPL, is focused to bring unique technologies in the field of renewable energy to the country. LR intends to raise awareness on climate change and encourage the renewable energy reliability through their unique projects under ‘SATAT Scheme”. ....