Pursuent to regulation of 30 of the SEBI (Listing Obligation and Disclusre Requirements) Regulations,2015 we are planing to set-up commercial Bio Gas plant and further details are Attached ....
Awaiting price reaction for this filing.
Nutraplus India Ltd has announced plans to set up a Commercial Bio Gas (CBG) plant under the government's GOBAR-DHAN scheme. The company has identified vendors for plant installation and secured lease hold land for the project. The CBG plant will produce biogas as an import substitute for energy, generate organic compost manure, and produce biomass pellets to replace coal in thermal power plants. The entire project will be powered by renewable solar energy. The company has been working on this project since 2021 and highlights it as a zero-waste circular economy initiative with ESG benefits and potential carbon credit revenue. No specific capital expenditure amount or project timeline has been disclosed in this filing.
This announcement signals the company's entry into the renewable energy sector, which could diversify revenue streams and appeal to ESG-focused investors. However, since no capex amount or commissioning timeline was provided, investors should monitor for follow-up announcements with project-specific details.