CNN Central News & Network–ITDC India Epress/ITDC News Bhopal: REnergy Dynamics (RED), a company dedicated to advancing the renewable sector with special focus on bioenergy and fostering sustainable energy solutions, proudly announced its official launch today. Co-Founded by Kushagra Nandan (Serial Clean Tech entrepreneur, Co-Founder & former MD – SunSource Energy) and Varun Karad (BioEnergy Entrepreneur), RED will operate as an integrated techno-financial platform developing sustainable energy projects that contribute to a greener future.
With a commitment to environmental stewardship and technological prowess, and a strong backing of experienced leaders in integrated renewable energy projects the new venture has set ambitious goals for itself. REnergy Dynamics is targeting to close orders worth Rs. 5000 crore by 2029, with Rs. 575 crore worth of projects already confirmed and under execution. This business will primarily come from four focus areas namely: development of company owned large-scale bioenergy projects; Engineering, Procurement, and Construction (EPC) services to Renewable Energy developers; feedstock aggregation and its supply to Compressed BioGas (CBG) projects to ensure a reliable feedstock supply; and manufacturing and supply of biogas plant components.
