Astute Synergies to reduce CBG plant installation costs by 40%
Astute Synergies Private Limited, an energy-tech startup, is set to disrupt the biogas industry by tackling the critical challenge of high CBG plant installation costs.
Commenting on the initiative, Utkarsh Gupta, Founder & CEO of Astute Synergies, said, “The company is focused on the manufacturing of cost-effective biogas upgradation systems, targeting to achieve a remarkable 40% reduction in the costs, leading to overall savings in the installation of these plants. Our cutting edge technology will minimize methane loss during purification, and reduce this loss from over 10% to a mere 2-3%. It will significantly bring down the overall cost leading to sustainability.”
According to the Petroleum Planning and Analysis Cell, India’s gas production is 29,769 million metric standard cubic metres (mmscm), while consumption is 55,256 mmscm, resulting in a shortfall of 25,488 mmscm, or 46.12% of total consumption, which is currently met through imports. CBG can help bridge this gap, but high installation costs and methane loss during production are major challenges. Astute Synergies is addressing these issues with its advanced state-of-the-art membrane technology, which aims to transform the biogas industry by significantly reducing these costs.
“Driven by innovation, we aim to be the best and most advanced solutions and equipment provider for new CBG projects. We promise to deliver optimized and smart products to our clients”, adds Vinayak Kashyap, Co-founder, Astute Synergies.
A recent report by the International Energy Agency emphasizes the urgent need for cost-effective renewable energy solutions to combat climate change and promote sustainability. Astute Synergies’ innovative approach aligns perfectly with these global energy goals, promising to contribute significantly to a Greener India by making clean energy more accessible and affordable.
Prashant Bahirgonde, Co-founder, Astute Synergies said, “Astute, with its various technology collaborations and advanced solutions in the CBG sector shall lead the industry in offering valuable and sustainable alternative to its customers.”
The cutting-edge membrane-technology upgradation system is valued at approximately ₹600 crore, the company said.
