JULY 20238TOP STORYRIL AND ATGL TO INVEST ON COMPRESSED BIOGAS PLANTS IN INDIACLOUD FIRM RACKSPACE TECHNOLOGY TEAMS UP WITH C2C GLOBALA leading provider of end-to-end, multicloud technology solutions, Rackspace Technology today disclosed that it has forged a new alliance with C2C Global, the largest Google Cloud user group on the planet.As the first managed services provider for Google Cloud, Rackspace Technology uses its Google Cloud-certified professionals to assist businesses of all sizes with project planning, architecture, and scalability. In order to enhance the relationship with Google Cloud and provide unmatched services and solutions, Rackspace Technology is continually investing and forming new collaborations. Recent developments include a considerable expansion of Rackspace Technology's collaboration with Google Cloud to provide cutting-edge generative AI services and solutions based on the (FAIRTM) methodology. "Whether you're already a Google customer or simply getting started in your digital transformation, Rackspace can help you accelerate innovation and cost savings within your organization by taking over the intensive day-to-day operations of your cloud. We manage and optimize the performance of your applications in the cloud so that you can focus internal IT resources on achieving your core business objectives," said Chuck Britton, Rackspace Technology Alliance Partner Development Manager. "We are very excited to join the community and partner with C2C to continue promoting what Rackspace Technology can do with Google Cloud.""The C2C community is continually evolving, and by adding these new strategic partners, we can provide even more ways in which Google Cloud users can boost connectivity and access best-in-class ways to harness the power of the cloud," said C2C President Josh Berman. "Rackspace Technology represents some of the most innovative companies working within the cloud today, and we look forward to working closely with them to benefit the thousands of members of the C2C community." Gautam Adani's Adani Total Gas (ATGL) and Mukesh Ambani's Reliance Industries (RIL) both plan to build 10 compressed biogas (CBG) plants across the nation. These facilities will have an annual capacity of up to 30 million tonnes. In the following five years, five plants will be built. Rest of it would be discussed later. For the construction of these plants, the corporations will each contribute up to Rs 2500 crore.A cleaner fuel made from trash or biomass is called compressed bio gas, or CBG. It can be utilised for commercial, industrial, and automotive purposes and shares many of the same characteristics as compressed natural gas (CNG). "RIL and Adani Group have selected a few locations for the construction of these plants. They currently aim to build five plants. The supply of feedstock is a problem, thus the other five would be put up after that, according to the first senior executive listed above.Adani Total Gas, five CBG facilities would be built at key locations during the next five years. In Uttar Pradesh, a factory with a daily capacity of 600 tonnes is now being built. By the end of this fiscal year, CBG production is anticipated to start. "CBG facilities are a logical strategic addition to ATGL city gas distribution and a source of clean energy. This is consistent with both India's commitment to the environment and the nation's COP26 pledges.Each facility would be able to process 250500 tonnes of feedstock per day, and produce 1020 tonnes per day (TPD) or more of CBG. An estimated 750 crore rupees would be invested in the Uttar Pradesh branch. According to ATGL, the business is operating on a pan-India basis and serving the municipal solid waste and agricultural residue segments. "We anticipate CBG to be a significant source of alternative energy, which is one of the central government's focus areas,".Compressed biogas (CBG) and bio-CNG (B-CNG), both of which can be used in place of compressed natural gas in CNG-powered vehicles, are now being sold by Jio-bp, a fuel retail joint venture between Reliance Industries and British oil firm BP. RIL will have five CBG units in Gujarat and five elsewhere in the nation. There are now over 30 CBG facilities operating in India. Industry insiders predict that over $2 billion in investments will flow into the sector over the next five to seven years. The government established an ambitious goal of reaching 15 million metric tonnes annually, or nearly 40,000 tonnes per day.
<
Page 7 |
Page 9 >