SPONSORED CONTENT

Nexgen Energia Ltd to start 1000 CNG (CBG) production units in India

February 15, 2021 18:30 IST | ANI Press Release
Tennis player James Blake
Dr.Piyush Dwivedi - Founder and Chairman, Nexgen Energia Ltd.

New Delhi [India], February 15 (ANI/NewsVoir): With the aim to re-define the manufacturing and distribution of alternate future green fuels NexGen Energia Ltd., a leading clean fuel energy company is exploring opportunities to establish green diesel refineries and CBG production units in North India.

In the first phase company established 1000 CNG (CBG) production units in India through franchise route with a special focus in Uttar Pradesh. Company has already established one first CNG (CBG) production unit in Ambala where production has already started.

Nexgen Energia Ltd. has pioneered the art of making CNG (CBG) from locally sourced waste and agricultural waste in India and distribute CNG (CBG) in the same market through its locally established distribution channels. NGE is one of the leading organisations to have achieved this feat. Nexgen Energia Ltd. has initiated this disruptive idea to bring on board a band of entrepreneurs, distributors and marketers for production, storages and marketing of green fuel and bring a revolution in alternate green fuels sector.

As per Bio-fuel policy, 2018 Govt of India has to promote production, storage and distribution of Bio-fuel and encouraging participation of private entrepreneur in the green energy sector. Govt also giving investment subsidy and many policy incentives to increase the participation of young entrepreneurs.

For the proper utilisation of garbage and give a relief from garbage mountains and pollution spread all over the country Government of India has given many policies supports and promoting waste to the Energy sector. As the processing for CBG and green diesel from garbage is being popularised Nexgen Energia has planned to open 300 CNG (CBG) production plant/Retail outlets in the first phase in Uttar Pradesh along with its storage marketing and distribution networks.

Elaborating about the business plan NexGen Energia Founder and Chairman Dr Piyush Dwevedi said, "Our aim to boost Local for Vocal & Make in India initiatives based on Swach Bharat mission through the production of energy from the waste and provide an innovative entrepreneurship opportunity for the business aspirant. We are going to establish a CNG (CBG) production plant through franchisee route with production buyback guarantee. It is a unique and an Ideal profitable business opportunity on very low risk."

"An initial investment required for a CNG (CBG) production plant unit starts from only 4.99 Cr. and government of India and state government is giving huge subsidy for the establishment of waste to CNG production plant. Apart from investment subsidy government is also giving GST benefits, Land use conversion and income tax benefits for CNG production plants," Dr Dwevedi added.

With the ultramodern technologies of global standard and vast experience in waste to the energy sector, Nexgen Energia Ltd. wants to give a notable input in the growing demand for fuel and alternative energy resource of India. Apart from CNG (CBG) production Nexgen Energia Ltd. is also running CBG Retail Outlets, Green Diesel Production unit, Green Diesel Retail Outlets, Bio Coal, EV Charging stations in India. Apart from Uttar Pradesh Nexgen Energia Ltd. also exploring opportunities in other parts of the country.

Nexgen Energia Ltd., India's leading multinational and majorly a Clean Fuel Company with diversifications in CNG/CBG Production, CBG Retail Outlets, Green Diesel Production, Green Diesel Retail Outlets, Bio Coal, EV Charging, etc. Nexgen Energia Ltd. has started production of CBG/Green Diesel at multiple locations along with its franchise partners to launch sales of these clean fuels to its retail outlet franchise.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

 

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Nexgen Energia Ltd to start 1000 CNG (CBG) production units in India

New Delhi [India], February 15 (ANI/NewsVoir): With the aim to re-define the manufacturing and distribution of alternate future green fuels NexGen Energia Ltd., a leading clean fuel energy company is exploring opportunities to establish green diesel refineries and CBG production units in North India.

In the first phase company established 1000 CNG (CBG) production units in India through franchise route with a special focus in Uttar Pradesh. Company has already established one first CNG (CBG) production unit in Ambala where production has already started.

Nexgen Energia Ltd. has pioneered the art of making CNG (CBG) from locally sourced waste and agricultural waste in India and distribute CNG (CBG) in the same market through its locally established distribution channels. NGE is one of the leading organisations to have achieved this feat. Nexgen Energia Ltd. has initiated this disruptive idea to bring on board a band of entrepreneurs, distributors and marketers for production, storages and marketing of green fuel and bring a revolution in alternate green fuels sector.

As per Bio-fuel policy, 2018 Govt of India has to promote production, storage and distribution of Bio-fuel and encouraging participation of private entrepreneur in the green energy sector. Govt also giving investment subsidy and many policy incentives to increase the participation of young entrepreneurs.

For the proper utilisation of garbage and give a relief from garbage mountains and pollution spread all over the country Government of India has given many policies supports and promoting waste to the Energy sector. As the processing for CBG and green diesel from garbage is being popularised Nexgen Energia has planned to open 300 CNG (CBG) production plant/Retail outlets in the first phase in Uttar Pradesh along with its storage marketing and distribution networks.

Elaborating about the business plan NexGen Energia Founder and Chairman Dr Piyush Dwevedi said, "Our aim to boost Local for Vocal & Make in India initiatives based on Swach Bharat mission through the production of energy from the waste and provide an innovative entrepreneurship opportunity for the business aspirant. We are going to establish a CNG (CBG) production plant through franchisee route with production buyback guarantee. It is a unique and an Ideal profitable business opportunity on very low risk."

"An initial investment required for a CNG (CBG) production plant unit starts from only 4.99 Cr. and government of India and state government is giving huge subsidy for the establishment of waste to CNG production plant. Apart from investment subsidy government is also giving GST benefits, Land use conversion and income tax benefits for CNG production plants," Dr Dwevedi added.

With the ultramodern technologies of global standard and vast experience in waste to the energy sector, Nexgen Energia Ltd. wants to give a notable input in the growing demand for fuel and alternative energy resource of India. Apart from CNG (CBG) production Nexgen Energia Ltd. is also running CBG Retail Outlets, Green Diesel Production unit, Green Diesel Retail Outlets, Bio Coal, EV Charging stations in India. Apart from Uttar Pradesh Nexgen Energia Ltd. also exploring opportunities in other parts of the country.

Nexgen Energia Ltd., India's leading multinational and majorly a Clean Fuel Company with diversifications in CNG/CBG Production, CBG Retail Outlets, Green Diesel Production, Green Diesel Retail Outlets, Bio Coal, EV Charging, etc. Nexgen Energia Ltd. has started production of CBG/Green Diesel at multiple locations along with its franchise partners to launch sales of these clean fuels to its retail outlet franchise.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22