The Punjab Government has recently signed a MOU with which of the following companies to set up 400 ...........

Punjab Economy

The Punjab Government has recently signed a MOU with which of the following companies to set up 400 processing plants for converting paddy straw into bio energy ?

Starlet

Neway

Carton

L&T

छोटे Courses बड़े Results

Master Economy

Prepare through Micro-courses

Try Now

Explanation:

In a bid to curb stubble burning that has been one of the reasons for dense smog in the country’s northern States, the Punjab government has decided to set up 400 processing plants before next year’s paddy season to convert paddy straw into bio-energy.“The plants will become operational before the next paddy season, thus preventing recurrence of the environmental hazard triggered by stubble burning.The MoU was signed on behalf of the Punjab government by R.K. Verma, CEO, Punjab Bureau of Investment Promotion, and K. Iyyapan, MD of NEWAY, a Chennai-based company.“Plants will be set up by NEWAY Engineers MSW Private Limited with a total investment of ?10,000 crore over the next 10 months,