VA TECH WABAG LIMITED (WABAG) and PEAK Sustainability Ventures have launched a Bio-CNG plant in Ghaziabad, Uttar Pradesh. The project will be set up at a 70 million litres per day sewage treatment plant in Dundaheda under a build-operate-transfer model. Additionally, it will be executed on a public-private partnership basis, through a jointly formed special purpose vehicle, Ghaziabad Bioenergy Private Limited.
The project is expected to commence commercial operations within one year. Additionally, it is expected to reduce around 250,000 metric tonnes of carbon emissions over its lifecycle. WABAG will handle execution along with 15 years of operations and maintenance, while PEAK Sustainability Ventures will support with strategic inputs, technology insights, and fundraising from climate focused investors. The project also includes a reverse tipping fee arrangement with Ghaziabad Nagar Nigam for biogas procurement and all major equipment will be sourced domestically.
VA TECH WABAG LIMITED is a water management company operating across four continents. The company has executed over 6,500 projects globally, and aims to develop 100 bio-CNG plants across India and select international markets.
