Welcome To Avagroindia
About Us
AV AGRO RENEWABLE ENERGY PVT LTD (AV AGRO)is a part of Delamore & Owl group (D&O) is a 55 year old holding structure and a diversified conglomerate with over 48 subsidiaries in 30 countries spread across various sectors of the economy including aviation, Agro commodities, financial services, infrastructure, construction, energy, healthcare, food & beverages among other sectors. The Group is having investment portfolio of over $ 5 billion in all the above mentioned sectors.
By virtue of the world vide presence of the group AV AGRO have ready access to sourcing of technologies , the latest corporate management techniques, financial products and their management, to enable efficient conducting of its business operations.
A professionally managed company ably guided by the Board of Directors comprising of well noted personalities as Independent/ professional Directors Category and persons of technical and managerial competence in the Promoter Directors category.
To set up a State Of the Art facility and environmentally friendly efficient process to convert the Agricultural Biomass waste, predominantly Rice Straw by:-
- Adapting mechanised collection process causing least damage to the environment
- State of Art technology to achieve maximum output of value deliverables
- To some extent reducing the environmental hazard caused due to Stubble burning.
- Provide employment to the local citizens together with imparting skill development to meet the needs of the process plant
- Empowering the farming community financially by converting their expenditure to revenue.
THE SALIENT FEATURES OF THE POLICY ARE
- To permit blending of Ethanol derived from multiple feed stocks with Petrol
- To Develop Second generation (2G) ethanol technologies and its commercialization.
- Blending of bio-diesel from multiple feed stocks with Diesel
- Focus on advance bio-fuels including Bio-CNG, Bio-Methanol, DME, Bi-jet fuel etc.
To include adopting appropriate financial and fiscal measures periodically to support promotion of Bio-fuels.
SATAT SCHEME OF GOVERNMENT OF INDIA
Government of India in its 12th Plan programmed energy development from urban, industrial and agricultural wastes/residues and launched the Sustainable Alternative Towards Affordable Transportation (SATAT) on 1.10.2018. Consequently, Indian Oil Corporation Ltd (IOCL) has invited Expression of Interest (EOI) from prospective investors to participate in the scheme to commission additional capacities for production of Bio- Fuels.
In response to this EOI, AV Agro Renewable Energy Pvt Ltd submitted their investment proposal to IOCL which was accepted. Consequently, four Letters of Intents (LOI’s) have been received from IOCL for installing and commissioning 4×300 TPD capacity of Agricultural Biomass plants, at four different locations, in the state of Punjab, thus totaling to an installed capacity of 1200TPD.