{"id":289335,"date":"2019-08-29T05:59:34","date_gmt":"2019-08-29T05:59:34","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=289335"},"modified":"2019-08-29T06:21:07","modified_gmt":"2019-08-29T06:21:07","slug":"global-energy-major-shell-makes-series-b-funding-in-prespl","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/global-energy-major-shell-makes-series-b-funding-in-prespl\/","title":{"rendered":"Global energy major Shell makes Series-B funding in PRESPL"},"content":{"rendered":"<p>Global energy major Shell, along with SBI Ventures Neev Fund has jointly made a Series-B funding of Rs 55 crore in Mumbai based bio-energy company- PRESPL. <\/p>\n<p>This is the first investment of the Anglo-Dutch behemoth in Indian a bio-energy firm, and has been directly cleared by the Shell management in the Netherlands. Shell clocked $ 388.4 billion in revenues for 2018. <\/p>\n<p>Given PRESPL&#8217;s expertise in handling agriculture generated biomass, the investment is expected to tackle the issue of winter stubble burning in a small way. <\/p>\n<p>PRESPL, which stands for Punjab Renewable Energy Systems Pvt. Ltd has a defined strategy for biomass aggregation and logistics. It also has a long experience in briquetting industry and running co-generation power plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global energy major Shell, along with SBI Ventures Neev Fund has jointly made a Series-B funding of Rs 55 crore in Mumbai based bio-energy company- PRESPL. This is the first investment of the Anglo-Dutch behemoth in Indian a bio-energy firm, and has been directly cleared by the Shell management in the Netherlands. Shell clocked $ 388.4 billion in revenues for 2018. Given PRESPL&#8217;s expertise in handling agriculture generated biomass, the investment is expected to tackle the issue of winter stubble burning in a small way. PRESPL, which stands for Punjab Renewable Energy Systems Pvt. Ltd has a defined strategy for [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-289335","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=289335"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/289335\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=289335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=289335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=289335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}