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