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Energy solutions company, CEF Group will set up multiple waste processing plants in various locations in Uttar Pradesh to address the problem of waste mismanagement and augment bio-fuel production at an investment ₹650 crore. CEF and the Uttar Pradesh government have signed an MoU for setting up the plants that will generate employment for approximately 240 people, the company said in a statement. The plant will address the problem of waste mismanagement and augment bio-fuel production. Maninder Singh Nayyar, CEO of CEF Group, said, “Uttar Pradesh is the largest state…

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Yokogawa Electric Corporation has made a US$10 million Series B investment* in Ideation3X (i3X), a Singapore-based venture company that is targeting the rapidly expanding integrated solid waste management (ISWM) sector in India through a process that adopts a circular economy approach. With this investment in Solid Waste Management the high-growth ISWM field along with a business collaboration agreement, Yokogawa aims to bring together Ideation3X’s and its own technology and experience and so develop its business in the Indian market. Founded in 2017, i3X has been backed since its inception by…

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