Beta Renewables, Novozymes and CVC India sign MoU for 2G biorefinery

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More recent news about cellulosic ethanol sector. On the last day of the Progressive Punjab Investors Summit 2015 (October, 28 – 29), the Government of the Indian State of Punjab signed a memorandum of understanding (MoU) with the consortium of Beta Renewables, Novozymes and CVC India Infrastructure Pvt. Ltd. for building a cellulosic ethanol biorefinery using wheat and paddy straw as feedstock. The project will require an estimated investment of around 132 million euros (INR 950 crore) and it will be a major step towards tackling the menace of wheat and paddy straw burning in Punjab that results in irreparable loss of land fertility.

 CVC India Infrastructure Pvt. Ltd is promoted by Interpres Internazionale Srl and Ambience Management Services Pvt. Ltd. Its activities are focused on the development of projects of 2G biorefineries based on ProesaTM technology of Beta Renewables. Its biorefinery concept allows to transform agriculture residues and other lignocellulosic biomass feedstocks into cellulosic ethanol, pellets (or electricity) and compost.

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