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About the Company :
Amrit- Bio group is entering into a project of Methane Capturing” in joint collaboration with W.B. Green Power Corporation
and M/s Terra Consultant of U.K. under equity partnership. For the project 650 hectares of land has already been identified
by HIDCO.This is one kind of ‘Landfill Engineering Project’ where methane will be generated below the landmass on the
deposit of municipality Solid Waste (MSW). These Projects will also entail release of carbon credit for the Company on the
basis of the quantity of methane captured.
ABEIL’s power plant commenced commercial operations in November 2010. The company is setting up a 10-megawatt
(MW) power plant in Morigaon (Assam). It has signed a power purchase agreement (PPA) with Assam State Electricity Board
has a tenure of 10 years, at a rate of Rs. 4.7 per unit. The land for the plant has already been acquired and land filling has
started
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Projects :
Amrit Bio Energy & Industries Ltd is planning to set up a 2.0 MW biomass power project in Sagar
Island in South 24 Paragnas district of West Bengal with an investment of Rs. 100 million. AES
Corporation is the co- promoter for the project and the project was announced in October 2006 and
land was acquired in May 2008. The company is awaiting to receive approval from the Ministry of
New and Renewable Energy (MNRE) and Power Ministry.