New Launch16 Feb 2026, 06:51 pm
VA Tech Wabag Ltd Incorporates Subsidiary Company 'Ghaziabad Bioenergy Private Limited' in India
AI Summary
VA Tech Wabag Ltd has incorporated a new subsidiary company named 'Ghaziabad Bioenergy Private Limited' in India. This new company is a joint venture with PEAK Sustainability Partners LLP, with WABAG holding 51% and PEAK holding 49% of the equity shares. The new company is a special purpose vehicle established to execute a Compressed Bio-Gas (CBG) project in Dundaheda, Ghaziabad, Uttar Pradesh. The new company has an initial paid-up capital of INR 1,00,000 and is yet to commence business operations.
Key Highlights
- VA Tech Wabag Ltd has incorporated a new subsidiary company named 'Ghaziabad Bioenergy Private Limited' in India.
- The new company is a joint venture with PEAK Sustainability Partners LLP, with WABAG holding 51% and PEAK holding 49% of the equity shares.
- The new company is a special purpose vehicle established to execute a Compressed Bio-Gas (CBG) project in Dundaheda, Ghaziabad, Uttar Pradesh.
- The new company has an initial paid-up capital of INR 1,00,000.
- The new company is yet to commence business operations.