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VayuGrid, engaged in affordable bioenergy supply, has announced that it has entered into a Memorandum of Understanding (MoU) with New Renewable Energy Development Corporation of Andhra Pradesh (NREDC-AP).
The MoU is for Andhra Pradesh to develop panchayat level Bio Energy Zones (BEZs) for green power generation including the power generation facilities, the bioenergy green coal plantation supply chain, and the biofuel processing infrastructure necessary to meet the low-cost production of clean energy.
Each of these panchayat level BEZs established on wastelands are optimized to generate 10 MW and 14 million litres of biodiesel, along with nearly 1,400 farm labour jobs through the 60-year productive life of the BEZ.
Kamalakar Babu, CMD of NREDCAP-AP, said “We are taking our collective learning to do bioenergy in a better and more effective manner.”
“We are pleased to be recognized as the leading bioenergy solution to be deployed across the state by Andhra Pradesh, which is reputed for its clean energy portfolio,” said Doug Peterson, CEO of VayuGrid.
He went on to add that VayuGrid’s patent pending elite Pongamia sapling VayuSap has been developed over 25 years to be a disruptive platform for bioenergy based on optimal yields in the greatest diversity of environments.
The state has a total of over 60 lakh acres of wastelands spread over 7 districts. Of these, the state is looking at districts such as Cuddappah, Kurnool, Chittoor and Anantpur as initial districts to establish such BEZs. “The goal of the MoU is to replicate the Panchayat level BEZ of 10 MW to reach 1,500 MW capacity over the next 10 years to increase rural energy access, create jobs, and make wastelands a productive asset for the state” he further stated.
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