REnergy Dynamics (RED), a company dedicated to advancing the bioenergy sector in India, will invest Rs 500 crore in Uttar Pradesh to develop compressed Biogas (CBG) projects.
The company has signed an MoU with the Uttar Pradesh government at the World Economic Forum Annual General Meeting, at Davos. The partnership will help in setting up CBG projects across the state by developing infrastructure to support rural livelihoods, circular waste management and long-term energy security.
Aligned with the Government’s flagship initiatives—including SATAT (Sustainable Alternative Towards Affordable Transportation) and the Net Zero 2070 commitment—this collaboration reinforces shared aspiration for a cleaner, greener, and more resilient India.
RED is an integrated techno-financial platform, aimed at developing sustainable bioenergy projects. Motivated by the need of transitioning into a sustainable way of living in the wake of ongoing climate crisis; RED is dedicated towards paving a green future.
The World Economic Forum’s annual meeting began on Monday in the Swiss resort town of Davos, an Alpine town in Switzerland, drawing global leaders from politics, business, academia and civil society for the five-day gathering.
World leaders convened in Davos to engage in forward-looking discussions to address global issues and set priorities. The call for bold collective action makes the meeting particularly relevant. The main sessions began on Monday, January 19, and the annual meeting will wrap up on January 23.
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