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Clenergen to set up biomass plants in south India


Clenergen Corp, a clean renewable energy company based in US has set up an Indian subsidiary “Clenergen India Pvt Ltd “. It has recently acquired a 1.5 MW biomass plant in Salem in Tamil Nadu and is looking at organic and inorganic ways to capture market. It plans to invest USD 100 million to generate 71 MW of power using biomass. These plants will come up in south India were it has identified feedstock like bamboo and other special plants which will reduce feedstock costs by 50%. Its next greenfield biomass plant is likely to come up in Tuticorin in Tamil Nadu.

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