VA Tech Wabag, Peak Sustainablility Ventures ink strategic MoU
Chennai: Water treatment company VA Tech Wabag Ltd has entered into a memorandum of understanding with Peak Sustainability Ventures to establish 100 bio-CNG plants at sewage treatment facilities pan India, the company said on Monday. The signing of the agreement between the two entities is to tap the business potential for the establishment of 100 Bio-CNG plants which is expected to be over USD 200 million. The collaboration aims to generate over 73 million kg of Bio-CNG per year significantly boosting the local and agrarian economies, resulting in new job creation.
