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July 16, 2010 | Jim Lane | Comments 0

Clenergen signs agreement to install basification biomass plants in India

In New York, Clenergen Corporation has signed a Memorandum of Agreement with Juken India Limited to install up to 2MW/h gasification biomass power plants at their manufacturing site in Bangalore, India. Clenergen now owns a total of 19.5MW/h of operational biomass power plants in India, the Philippines and Ghana, with an additional 40MW/h under agreement. This accounts for an estimated gross revenue of $63 million per year over at least the next 15 years.
Yuken India Limited is a listed company founded in 1976 under a technical and financial collaboration with Yuken Kogyo Company Limited, Japan, to manufacture oil hydraulic equipment, and has recorded the fastest growth in the industry in India.

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