HDFC Bank finances Asia’s largest waste to energy plant in Indore- Gobar-Dhan plant

HDFC Bank finances Asia's largest waste to energy plant in Indore- Gobar-Dhan plant
  • HDFC Bank has partnered with Indore Clean Energy Private Limited (ICEPL) for the development of Gobar-Dhan plant in Indore under its Environmental, social, and governance (ESG) commitments.
  • The 550-tonne capacity “Gobar-Dhan (Bio-CNG) Plant” was inaugurated by PM Modi in Indore, Madhya Pradesh on February 19, 2022. This is the biggest Bio-CNG plant in Asia. It has been set up at a cost of Rs 150 crore.
  • Indore Clean Energy Pvt Ltd (ICEPL) is promoted by Green Growth Equity Fund (GGEF), which is the largest climate impact fund in India with anchor investors like NIIF & Government of UK.

Points to remember:

  1. Which bank has partnered with Indore Clean Energy Private Limited (ICEPL) for the development of Gobar-Dhan plant in Indore?- HDFC Bank

Source: economic times

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