Biotechnology company wins order from HPCL to set up biogas plant in UP

Industrial biotechnology company Praj Industries NSE -0.99 % on Tuesday said it has bagged an order from Hindustan Petroleum Corporation (HPCL NSE 1.24 %) for setting up a compressed biogas (CBG) project at Badaun in Uttar Pradesh. The project with a capacity to process 35,000 tonnes of rice straw as feedstock to generate 5,250 tonnes of CBG annually will also generate 23,000 tonnes high-quality solid bio-manure and 3,50,000 tonnes of liquid bio-manure for ferti-irrigation, Praj said in a statement.

However, the company did not disclose the amount of the order.

This project has a potential to save up to 15,000 tonne of CO2 emissions per year and will be completed and commissioned within 12 months.