Waste to Energy Platform with VA Tech Wabag
100+ project waste-to-energy platform with VA Tech Wabag — converting biogas to Bio-CNG at STP's across India, Europe, GCC, and Africa, with the first plant under execution in Ghaziabad.
100 Bio-CNG plants at sewage treatment facilities
A strategic MoU with VA Tech Wabag to establish 100 Bio-CNG plants at sewage treatment facilities — harnessing the untapped potential of STPs to generate clean fuel for mobility and industry.
VA Tech Wabag (WABAG) — the 3rd largest private water operator globally, serving over 88.8 million people — and Peak Sustainability Ventures signed an MoU to establish 100 Bio-CNG plants at sewage treatment facilities across India and other mutually agreed locations in the GCC, Africa and Europe.
The plants capture methane generated at sewage treatment plants — a gas with far higher global-warming potential than carbon dioxide — and convert it into Bio-CNG that can be used in trucks, heavy-duty vehicles and industrial applications, reducing the need for fossil fuels and cutting air pollution.
WABAG, with its experience implementing sustainable solutions and 40+ biogas facilities globally, acts as the technology partner responsible for execution, commissioning and O&M. Peak provides inputs in energy-related areas and assists in raising institutional capital to finance projects at scale.
This is expected to be a USD $200 million platform, funded by both debt and equity, with the potential to generate over 73 million kilograms of Bio-CNG per annum — a significant boost to domestic energy needs and agrarian economies, while advancing the Global Biofuel Alliance and India's energy security.
First Bio-CNG project in Ghaziabad
The first project under the Peak–WABAG waste-to-energy initiative: a Bio-CNG plant at Ghaziabad's 70 MLD sewage treatment plant, turning wastewater into green fuel through a dedicated joint-venture SPV.
WABAG and Peak announced the development of their first Bio-CNG plant in Ghaziabad, Uttar Pradesh — the first milestone under the waste-to-energy initiative announced on January 29, 2024 to establish 100 Bio-CNG plants at sewage treatment facilities.
The plant will be developed at the 70 MLD Sewage Treatment Plant in Dundaheda, Ghaziabad, under a Build-Operate-Transfer (BOT) model on a public-private-partnership basis. It is executed through a newly incorporated special purpose vehicle, Ghaziabad Bioenergy Private Limited, formed jointly by WABAG and Peak.
The plant captures raw biogas generated at the STP — preventing methane (nearly 28x more potent than CO₂) from escaping to the atmosphere — and upgrades it into high-quality renewable Bio-CNG for mobility and industrial use. Over its life, the project is estimated to reduce approximately 250,000 metric tonnes of carbon emissions, with commercial operations expected within a year.
WABAG leads execution and 15-year operations and maintenance, while Peak invests in the project and provides strategic inputs, global energy-technology insights and support in raising climate-focused capital. The initiative aligns with SDGs 7, 3, 12 and 13, reinforcing India's commitment to clean, affordable and scalable energy.