“This significant step towards sustainable energy underlines our commitment to aligning with national initiatives and fostering a cleaner, greener future for India.
We're not just investing in CBG; we're investing in a sustainable and resilient future for our nation.
Together, we power progress and sustainability,” said GS Barara director & CEO of LR Energy.
The inauguration of this CBG project aims to support India's goal of becoming a gas-based economy. The company plans to expand its green portfolio with over 20 projects across North India, representing a cumulative investment of Rs 600 crore (US$70 Mn).
The company has secured a 15-year-old long-term commercial sales agreements with Indian Oil Corporation Limited and a Tripartite Agreement with GAIL India and GAIL Gas Limited.
