Nandan focuses on helping India achieve net zero status
REnergy Dynamics (RED), a company dedicated to advancing the renewable sector with special focus on bioenergy and fostering sustainable energy solutions that was officially launched on 29 May, says it is targeting orders worth Rs.5,000 crore by 2029 http://environment.google .
Co-Founded by Kushagra Nandan (Serial Clean Tech entrepreneur, Co-Founder & former MD – SunSource Energy) and Varun Karad (BioEnergy Entrepreneur), RED http://www.renergydynamics.com will operate as an integrated techno-financial platform developing sustainable energy projects that contribute to a greener future.
With a commitment to environmental stewardship and technological prowess, and a strong backing of experienced leaders in integrated renewable energy projects https://renewable-world.org/ the new venture has Rs.575 crore worth of projects already confirmed and under execution.
This business will primarily come from four focus areas namely: development of company owned large-scale bioenergy https://www.worldbioenergy.org/ projects; Engineering, Procurement, and Construction (EPC) services to Renewable Energy developers; feedstock aggregation and its supply to Compressed BioGas (CBG) projects to ensure a reliable feedstock supply; and manufacturing and supply of biogas plant components https://www.biogasworld.com/ .
RED has a robust pipeline of self-owned Bioenergy projects with under construction projects in South and West India, with cumulative capacity of 50 Tons Per Day (TPD) of CBG and several other projects already in advanced stages of planning.
Additionally, RED is executing three large scale EPC projects for setting up CBG units with cumulative capacities of 67 TPD for Reliance Industries Limited https://www.ril.com/ . Two of the under-construction projects are in West India and the third one is in North India. The company has also received orders for supply of biomass for Bioenergy https://www.worldbioenergy.org/ projects across multiple States.
“Our mission at RED is to help preserve our planet and contribute to our nation’s goal of achieving net zero status by 2070 http://store.netzero.net ,” said RED Chairman and Managing Director Kushagra Nandan.
“A key unlock of this journey lies in empowering communities and businesses to embrace sustainable energy https://www.iea.org/ .
“With the launch of our innovative bioenergy portfolio, we are proud to offer a transformative solution that not only addresses the pressing need for renewable energy but also contributes to the circular economy by repurposing organic waste materials,” Nandan said https://attentionindia.com/.
Bioenergy, a renewable source derived from organic waste materials such as agricultural by-products, food waste, and municipal solid waste, offers immense potential for reducing greenhouse gas emissions and mitigating environmental degradation https://www.opec.org/opec_web/en/ .
Speaking on the occasion, RED CEO Varun Karad said, “By unleashing the power of bioenergy, RED is poised to catalyse a paradigm shift towards a more sustainable and resilient energy future https://mnre.gov.in/ .
“Through our scalable and customizable renewable energy solutions tailored to the unique needs of diverse industries, we aim to drive positive change and inspire others to join the movement towards a greener, cleaner world https://www.wagreenhydrogen.com/ .”
RED has quickly established a significant presence in Maharashtra, Uttar Pradesh, Telangana, and Haryana through various bioenergy projects. The company is committed to sustainable growth and aims to create positive social and economic impacts on the communities and businesses they collaborate with. Fiinews.com
