REnergy Dynamics (RED), a newly launched company dedicated to advancing the renewable energy sector with a particular focus on bioenergy, plans to contribute to a greener future through the development of sustainable energy projects. Positioned as an integrated techno-financial platform, the company has set an ambitious goal to secure orders worth ₹5000 crore by 2029, with ₹575 crore worth of projects already confirmed and in progress.
RED’s strategic focus includes four main areas: developing large-scale bioenergy projects, providing engineering, procurement, and construction (EPC) services for renewable energy developers, aggregating and supplying feedstock to compressed biogas (CBG) projects, and manufacturing components for biogas plants.
The company has a strong pipeline of self-owned bioenergy projects, currently working on projects in South and West India with a combined capacity of fifty tons per day (TPD) of CBG. Additionally, several other projects are in advanced planning stages.
RED is currently executing three significant projects for Reliance Industries Limited, aiming to establish CBG units with a total capacity of sixty-seven TPD in West and North India. Furthermore, the company has secured contracts for biomass supply to various bioenergy projects across multiple states.
As reported by SOLARQUARTER, bioenergy, sourced from organic waste materials such as agricultural by-products, food waste, and municipal solid waste, holds substantial potential for reducing greenhouse gas emissions and addressing environmental degradation.
