German company to set up bio-gas plant in Punjab

German company to set up bio-gas plant in Punjab

A German company’s proposal for setting up a Rs 100 crore bio-gas CNG plant in Sangrur has been cleared by Punjab Chief Minister Amarinder Singh.

According to an official spokesperson, the erstwhile SAD-BJP government had signed the MoU in 2015 but had failed to give the necessary clearances to the company Verbio.

The CM handed over the approval letter to Verbio’s Director Oliver Luetdke. Apart from sanctioning approval to the Rs 100 crore plant, to be set up at Bhutal Kalan in Lehragaga block of Sangrur, Singh also gave nod for nine more such plants to come up in other parts of the state.

The projects will be set up at an additional investment of Rs 900 crore, and provide direct employment potential of over 5,000 people.

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