Berlin (Germany): Punjab Chief Minister Bhagwant Mann on Thursday asked leading German company Verbio group to explore future collaboration opportunities with the state in the renewable energy sector.
The Chief Minister called on Founder and CEO Verbio Vereinigte BioEnergie AG Claus Sauter, during his visit to Berlin on Thursday late evening.
The Chief Minister said that Verbio Group has strong association with state as its Indian subsidiary Verbio India Private Limited has recently commissioned one of the largest biofuel (Biomethane/Bio-CNG) production units in India with 33 TPD (tons per day) of Bio-CNG capacity at Sangrur. He said that the Bio-CNG project of 80,000 m³/day capacity will produce biogas by anaerobic digestion process and is a great way to solve the problem of stubble burning. Bhagwant Mann, while sharing his vision and policies for the growth of the industrial ecosystem in the state, invited the Verbio Group to extend their association with Punjab and establish more product verticals in the State.
The Chief Minister and Claus Sauter discussed the group’s project in the state and its contribution towards managing the agri-residue of the State. Bhagwant Mann assured the CEO of fulsome support and cooperation from Punjab Government to solve any issues for their project. He said that the Punjab Government is committed to a win-win solution for farmers, environment and the entire ecosystem.
The Chief Minister, also invited Claus Sauter and the Verbio Management to the Progressive Punjab Investors’ Summit on February 23-24, 2023 to share their experience on working in Punjab and explore future collaboration opportunities in the renewable energy sector. Meanwhile, the Verbio Group was appreciative of the support extended by Punjab Bureau of Investment Promotion (Invest Punjab) in the execution of their project and also discussed their future expansion plans in the State.
Pertinently, Verbio is a leading independent manufacturer of bio-energy in Europe and every year, Verbio’s plants produce around 660,000 tonnes of biodiesel, 260,000 tonnes of bioethanol, and 900 gigawatt-hours of biomethane. It manufactures biofertilizer and animal feed for agricultural use as well as high value raw materials for the pharmaceutical, cosmetic and food processing industry.