Kohima, November 28 (MExN): A delegation of the US company CG Global LLC (TCG) and Mumbai based Navrattan Blue Crete Industries Pvt. Ltd. today met Chief Minister TR Zeliang here at his residential office to explore possibilities to invest in energy sector with latest technology, which will not only generate green energy but also manage the municipal solid waste in the cities.
The delegation and government officials discussed in detail the nitty-gritty and feasibility of the operation, cost of production, and draft MoU, according to a press release from CMO, Media Cell.
The proposed project worth Rs. 450 crore will require some acres of land, solid wastes, and logistic support from government, it added.
As the meeting could not come to term on rates, the Chief Minister suggested that more meetings be held to study the advantages and disadvantages of the US technology which will be first of its kind in India.
CG Global LLC (TCG) designs and operates gasification plants capable of converting carbon-containing feedstock such as biomass, rubber or solid waste into synthesis gas called Syngas, it was informed. Consisting primarily of hydrogen and carbon monoxide, Syngas is a clean fuel which can be burned to create heat and electricity.
The delegation was led by US businessman Julius and Chairman & Managing Director of Navrattan, Himanshu Verma.