VA Tech Wabag Forms JV for Ghaziabad Compressed Bio-Gas Project

VA Tech Wabag has incorporated Ghaziabad Bioenergy Private Limited on February 16, 2026, a joint venture with PEAK Sustainability Partners LLP, to execute a compressed bio-gas (CBG) project in Ghaziabad, Uttar Pradesh. The SPV will develop the project on a Build-Operate-Transfer (BOT) basis at Dundaheda, marking Wabag’s strategic entry into the bio-CNG and waste-to-energy sector. The subsidiary has an initial paid-up capital of ₹1 lakh, with Wabag holding 51% (₹51,000) and PEAK holding 49%. Registered under RoC Chennai, the company is yet to commence operations and currently reports zero turnover. This move aligns with India’s push for sustainable energy and circular economy models. By leveraging its engineering expertise, Wabag aims to expand its footprint beyond water treatment into renewable bioenergy — positioning itself at the intersection of infrastructure and decarbonisation. Further updates are expected as the project nears execution.