On April 30th, 2024, Green Power International Pvt. Ltd. and Ecofinity Solutions Pvt. Ltd. signed a Memorandum of Understanding for collaborating on promoting Compressed Biogas (CBG) initiatives, marking a significant step towards sustainable energy development. The partnership aims to leverage its expertise to accelerate the adoption of CBG as a clean alternative fuel.
The MoU signing ceremony was held at Green Power International’s head office and attended by top management from both companies. The MoU outlines the framework for cooperation between the two companies, focusing on joint efforts in the production, distribution, and utilization of CBG. Both companies are committed to leveraging their expertise to accelerate the adoption of CBG as a clean alternative fuel. Through this strategic collaboration, the companies shall offer turnkey EPC solutions for CBG generation on various feedstocks based on pioneering new-age technology along with comprehensive long-term O&M. By collectively focusing on this innovative and environmentally conscious endeavor, the partnership aims to significantly contribute to the global pursuit of a more sustainable and eco-friendly planet.
Ecofinity Solutions Pvt Ltd, established in 2018, is a Clean Energy company specializing in Biogas, CBG, Waste-to-Energy and Future Mobility Solutions. Ecofinity offers Engineering, EPC, EPCM, Packaged Modules, Operational Services in the Bio-energy sector.
Green Power International Pvt. Ltd. is a leader in the EPC industry, having its headquarters at Sector 63 Noida (UP), India. It is a company promoted by a team of professionals with vast experience of more than 20 years in the field of power generation, heat recovery and EPC turnkey solutions for liquid and gas-based power plants. The company specializes in providing single window solutions for design, engineering, supply, installation, commissioning, and O&M of gas & liquid-based power plants, CO2 capture & utilization and H2 generation units.
Green Power International operates in India, Africa, Middle East, and Southeast Asia. As partners to MWM, a leading gas engine manufacturer in Germany, they have installed more than 900 MW gas genset-based power plants worldwide with 450+ installations.
With a team of over 600+ professionals, they have the expertise to execute turnkey projects in cost-effective, reliable, and custom-built ways to meet their client’s expectations.
Ashu Jain, Executive Director, Green Power International “I’m pretty excited today and consider it another milestone for Green Power International for offering Turnkey EPC Solutions in the field of Green Energy. We are convinced that CBG is a sure shot way to reduce carbon emissions in a sustainable manner. CBG is not just a Green fuel, there are many more possibilities with this and at Green Power International we will keep striving to work towards providing carbon negative and carbon neutral solutions.”
Varun Puri, Managing Director at Green Power International said, “We are excited to enter into a collaboration with Ecofinity. Their cutting-edge technology and technical expertise, alongside our excellent project execution capabilities, will help improve the efficiency of CBG generation across the globe. This step extends our contribution to a decarbonized economy by offering end-to-end CBG solutions, adding to the successful demonstration of first-of-its-kind Hydrogen and CO2 Capture projects executed over the past couple of years.”
“With this collaboration, our Clients shall stand to benefit from the Rich Experience and Advanced Cutting-Edge Technologies in Bio-energy business brought by Ecofinity backed up by Green Power’s Excellent EPC capabilities in Project execution. This will set a new era in the Bio-energy Industry in India taking us closer to the Nation’s vision of Atma-Nirbhar Bharat.” – Vinayaka Kashyap, CEO at Ecofinity
“Ecofinity & Green Power collaboration is a substantive step towards achieving ‘Carbon Negative’ energy generation and usage. The collaboration aims at providing the Indian market the much-needed self-sustenance in energy security in the long term and simultaneously meeting the upcoming global emission norms. We hope to drive our business interests and efforts in offering the most efficient and versatile technologies.” – Prashant Bahirgonde, Director at Ecofinity
About Compressed Biogas (CBG)
CBG is a mixture of hydrocarbon gasses and vapours produced by decomposing plant and animal waste. Given the abundance of biowaste available within the country, CNG can be replaced as a cleaner alternative in automotive, industrial, and commercial areas. CBG is a clean energy alternative suitable for diverse transportation, cooking, and power generation applications. Beyond reducing greenhouse gas emissions and air pollution, CBG underscores our commitment to circular economy principles and effective waste management.
The Government of India published the National Policy on Biofuels on 16 May 2018. The policy aims to increase the usage of biofuels in the country’s energy and transportation sectors during the coming decade.
This cooperation shows how powerful CBG projects can be and highlights the need for partnerships and collaboration to achieve real change and create a sustainable energy future. As the globe looks to adopt cleaner energy options, schemes such as these become symbols of hope and inventiveness for a better future.
