EverEnviro, Bajaj Hindusthan Sugar partner to set up CBG plants in Uttar Pradesh
EverEnviro has joined forces with Bajaj Hindusthan Sugar to establish compressed biogas (CBG) plants in the state of Uttar Pradesh.
With 14 operational sugar mills currently generating approximately 500,000 metric tonnes of press mud annually, Bajaj Hindusthan Sugar is poised to contribute to CBG plants with a total capacity of 70 metric tonnes on every day basis.
Notably, Bajaj Sugar stands as Asia’s largest owner of crushing capacity and one of the largest globally.
Chairman of the Bajaj Group, Kushagra Bajaj’s office said that the company’s longstanding commitment to nation-building. The company highlights that the alignment of this initiative is with the Indian government’s encouragement of CBG production to reduce reliance on fossil fuels. CBG, derived from various waste streams, including press mud from sugar mills, represents an eco-friendly fuel solution for Bajaj Sugar.
EverEnviro is a prominent player in the CBG sector. The company already operates projects in Madhya Pradesh, Uttar Pradesh, Delhi, and Punjab, utilizing municipal organic waste, agro waste, and residue from sugarcane crushing.
Mahesh Girdhar, MD and CEO of EverEnviro Resource Management, said, “Through this alliance, EverEnviro will leverage its expertise to develop, operate, and scale up CBG projects across Uttar Pradesh. The steady supply of press mud from Bajaj Hindusthan’s sugar mills will significantly boost the CBG production capacity of our plants. Furthermore, the fermented organic manure produced as a by-product of CBG will promote regenerative agriculture, enhancing soil health and fertility in the region. This initiative aligns perfectly with our nation’s objective of reducing fossil fuel dependency and promoting environmental sustainability.”
In the bilateral arrangement, Bajaj Sugar will have the flexibility to either sell press mud at predetermined long-term prices or participate in the CBG plant project alongside EverEnviro.
Leveraging its experience in Uttar Pradesh, Bajaj Sugar plans to realize partial value for press mud through a mixed strategy, combining cash sales and equity participation in CBG projects. This initiative marks a new chapter in Bajaj Sugar’s growth trajectory, diversifying its portfolio with another green fuel option, alongside ethanol, within a sustainable revenue model.
