VA Tech Wabag has entered into an MoU with Peak Sustainability Ventures (PEAK) to establish 100 Bio-CNG plants at sewage treatment facilities across India and other mutually agreed-upon locations in the GCC, Africa, and European countries. The parties aim to harness the unutilized potential of Sewage treatment plants and to generate Bio-CNG which can be used for mobility application in trucks and heavy duty vehicles, and for industrial applications, thereby reducing the need for fossil fuels.

This initiative would not only meet the growing energy demand in a responsible and ecofriendly manner, but also contribute to India's commitment to GHG emission reduction and to reduction of air pollution from methane, which has much higher Global Warming Potential (GWP) than carbon dioxide.

The business potential for the establishment of 100 Bio-CNG plants is expected to be over USD 200 Million and this collaboration aims to generate over 73 Million Kgs of Bio-CNG per annum.