Indore (Madhya Pradesh) [India], February 22 (ANI/BusinessWire India): HDFC Bank under its ESG commitment is proud to be associated with Indore Clean Energy Private Limited (ICEPL) for the development of 550 tonnes/day of Municipal Solid Waste (MSW) to Compressed Biogas (CBG) plant - the largest Bio-CNG plant in Asia. Indore Clean Energy Pvt Ltd (ICEPL) is promoted by Green Growth Equity Fund (GGEF), which is the largest climate impact fund in India with anchor investors like NIIF & Government of UK.

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New Delhi Sep 27 PTI Indraprastha Gas Ltd IGL on Monday signed a Memorandum of Understanding with South Delhi Municipal Corporation SDMC to establish a waste-to-energy plant in Delhi to convert municipal solid waste into compressed bio-gas CBG for use as fuel for running vehicles The agreement was signed as a part of the extension of SATAT initiative of the government The Sustainable Alternative Towards Affordable Transportation SATAT scheme envisages setting up of 5000 CBG plants by 2023-24 with a production target of 15 million tonnes an official statement said The move helps reduce municipal waste on one hand and produce clean energy on the other in a sustainable manner As a part of the MoU SDMC shall provide a designated area at the identified site in Hastsal in West Zone to IGL for setting up biogas plant and CBG Station SDMC shall also be providing an assured regular supply of segregated biodegradable waste about 100 tonnes per day to IGL for running the proposed CBG plant it said The plant is expected to produce 4000 kg of CBG per day However this volume of CBG generated would not be sufficient to cater to expected vehicular demand under CNG Therefore an Integrated CBG station shall be established to cater to CNG demand of the general public as well as captive demand for SDMC vehicles The residual Bio-manureorganic slurry will be further value addition and shall be sold in the market the statement said The MoU was signed in the presence of Petroleum Minister Hardeep Singh Puri and Delhis Lt Governor Anil Baijal Speaking on the occasion Puri said solid waste is a big problem in the country and needs to be solved quickly Only 14 per cent of the solid waste was processed in 2014 but in seven years the figure has gone up to 70 per cent PTI ANZ ABM ABM