Chennai: VA Tech Wabag, a leading player in the water technology space, and Peak Sustainability Ventures, a venture capital firm, have announced their first project to set up a Bio-CNG plant in Ghaziabad. The two companies had announced their waste-to-energy initiative two years ago to set up 100 Bio-CNG plants at sewage treatment facilities across India and other markets.
Project Details
The proposed Bio-CNG plant will be developed at the 70 MLD sewage treatment plant in Dundaheda, Ghaziabad, under a build-operate-transfer model through a joint special purpose vehicle, Ghaziabad Bioenergy Pvt Ltd, the companies said in a statement.
The project will convert raw biogas generated at the sewage treatment plant into renewable Bio-CNG fuel for industrial and mobility applications, helping reduce methane emissions and replace fossil fuels. Commercial operations are expected to begin within a year.
Environmental Impact
The companies said the project is expected to cut nearly 2.5 lakh metric tonnes of carbon emissions over its lifetime. Methane, which has a significantly higher global warming potential than carbon dioxide, will be captured and processed instead of being released into the atmosphere.
Apart from reducing emissions, the initiative is expected to improve air quality, create local employment opportunities, and generate revenue for Ghaziabad Nagar Nigam through a reverse tipping fee arrangement for biogas procurement. The companies said all major equipment for the plant would be sourced domestically in line with the government's Atmanirbhar Bharat initiative.
Leadership Insights
Shailesh Kumar, CEO – India Cluster, Wabag, said the initiative would help convert wastewater into clean energy while creating additional value for the client.
Under the partnership, Wabag will execute the project and manage operations and maintenance for 15 years, while Peak will support technology integration and funding from climate-focused investors to scale the waste-to-energy initiative.
Samir Shah, Managing Partner at Peak, said the partnership aims to accelerate India's clean energy transition by converting methane from wastewater treatment plants into compressed biogas, improving energy security and reducing pollution.
This project marks a significant step in India's waste-to-energy sector, aligning with national goals for renewable energy and self-reliance.
