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NE

NEXANS ENERGY SOLUTIONS PRIVATE LIMITED

Aurangabad, Maharashtra

DPIIT recognised District Renewable Energy

In their own words

Bio-CNG industry can create employment in three different categories. The first category of employment is direct employment in the biogas projects, which includes all the humanpower required for crop production, construction, operation and maintenance of the biogas plants, and transportation. The second category is the indirect employment generated in the economy due to investments in the biogas fuel cycles. The indirect jobs are mainly in the supporting industries such as equipment manufacturers, service providers, etc.In addition to direct and indirect employment, the biogas industry has the potential to generate induced employment. There may be a rise in demand for products and services as a result of increasing revenue through direct and indirect work opportunities, resulting in more job opportunities. In 2018, the Indian government launched the SATAT (Sustainable Alternative Towards Affordable Transportation) scheme, which aims to create a sustainable ecosystem for compressed biogas generation from various biomass sources. By 2025, the SATAT initiative seeks to build 5,000 large-scale biogas facilities. Independent entrepreneurs are encouraged to put up these biogas plants. To reach the target of 5,000 plants, India would require the human power of 415,000 skilled and semi-skilled technicians for the construction and operation of these plants. These large biogas plants would also require unskilled manual workers to carry out the day-to-day operations at the plant. The startup’s waste-to-energy business aims at solving energy poverty and creating employment in rural India. Each of their biogas installations will create 8–10 jobs across the value chain, thus generating livelihood opportunities for locals. By removing waste from the farms, the firm is promoting hygiene and helping to keep diseases at bay. NEXANS supplies nutrients-rich slurry to these farmers which improves crop yield and regenerates soil while saving costs on chemical fertilizers. Saving on chemical fertilizers has an additional benefit of carbon offset, the fertilizer industry being one of the biggest contributors to greenhouse gas emissions. NEXANS ENERYGY is contributing significantly to help India meet its Sustainable Development Goals (SDG). Sustainable energy is one of the 17 goals that comprise the 2030 Agenda for Sustainable Development.

Written by the company on its public Startup India profile. Not verified by us.

What the record says

DPIIT recognition number
DIPP109735
CIN
U40107MH2022PTC388915
Registered on Startup India
2022
Self-declared stage
Prototype

Where this is

District

Aurangabad

Maharashtra

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Geocode confidence: medium

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