New Delhi: Praj Industries Limited, a process and project engineering company, has bagged an order from Hindustan Petroleum Corporation Limited (HPCL), a Maharatna PSU, for setting up a compressed bio-gas (CBG) project at Badaun in Uttar Pradesh. "Praj is offering its State of the art, worlds' first-of-its-kind RenGas technology developed using proprietary microbe to produce CBG from rice straw," the company said in a regulatory filing to the stock exchange on March 8.
The project has the capacity to process 35,000 MT of rice straw as feedstock to generate 5,250 MT of CBG annually. In addition, the project will also generate 23,000 MT high-quality solid bio-manure and 350,000 MT of liquid bio-manure for ferti-irrigation. This project has the potential to save up to 15,000 MT of C02 emissions per year. The project will be completed and commissioned within 12 months timeframe.
The best-in-class RenGas technology, to process agri-residues for the production of CBG is developed at Praj-Matrix, Department of Scientific and Industrial Research (DSIR) certified the R&D centre. Praj has incorporated a unique dual plug flow digestor design, in collaboration with DVO Inc of USA. This patented design technology has several advantages including higher efficiency, lower energy consumption and near-zero maintenance. RenGas™ technology yields are considerably higher compared to conventional biogas processes.
This project will contribute to the Ministry of Petroleum and Natural Gas' (MoPNG) Sustainable Alternative towards Affordable Transportation (SATAT) initiative with an objective to promote CBG as an alternative, green transport fuel. The project will generate significant employment opportunities in surrounding farming and rural community. Agricultural waste in the form of rice straw procured as feedstock for the CBG project will provide an additional income revenue stream to farmers, facilitating GOl's flagship program of Doubling Farmers Income.
Speaking on this development, Praj Industries' CEO & MD Shishir Joshipura said, "We are delighted to partner with HPCL for the CBG project at Badaun UP which will deploy RenGas technology, an integral part of our bio-mobility platform. This project is a definitive solution to meet the challenge of air pollution related to stubble burning while simultaneously enable sustainable decarbonisation. This project will facilitate India's pursuit of energy security, and also, a definitive step towards Atmanirbhar Bharat. We are already executing for HPCL advanced biofuels project at Bhatinda Panjab, based on our enfinity 2G technology that uses rice straw as feedstock to produce ethanol. We look forward to continuing strengthening of our association with HPCL in future."
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram. For following us on Twitter click PSU Watch Twitter)