Sep 9 2016 | India Opportunities

PRESPL seek funds for expansion in India

Punjab Renewable Energy Systems Pvt Ltd (PRESPL) is based at Mumbai and one of the few companies in the biomass supply chain management. PRESPL plans to raise about $6-7 million for expansion. The discussion are on with PE funds and strategic investors. PRESPL has developed robust business models for using a variety of biomass such as maize residues, soya husk, cotton stock, rice straw, Juli flora, and other agricultural waste.

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