KUALA LUMPUR, Jan 13 -- BoxLNG, the India-based distributed clean bioenergy project developer has signed a technology collaboration and investment agreement with HoSt Holding B.V. (HoSt) of the Netherlands.
HoSt is one of the largest suppliers of bioenergy systems globally with more than 200 installations during its 30 years of experience.
According to a statement, BoxLNG is an emerging firm in India focused on executing scalable Renewable Natural Gas / Compressed Biogas (CBG) projects.
Via its subsidiary, ZiPGAS holds 14 Letter of Intents for the supply of approximately 150 tons/day of CBG under the Sustainable Alternative Towards Affordable Transportation scheme by the Government of India.
BoxLNG President, Brij Mohan Bansal said: “This is an opportune time for India to showcase its leadership position towards cleaner and greener future, and in this regard, following on the aspirations of our Hon'ble Prime Minister, we at BoxLNG are fully committed towards energy transition by utilising local resources.”
The collaboration between BoxLNG and HoSt is a key milestone in India’s CBG story, where the partners bring strong local knowledge and project development experience, combined with international capital and technology expertise.
BoxLNG will start implementing three projects on ground in the states of Uttar Pradesh and Maharashtra, beginning February, followed by the remaining 11 projects over the course of this year.
-- BERNAMA
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