Punjab Renewable Energy Systems Pvt. Ltd. (PRESPL) promoted under aegis of Bermaco Group who is the pioneers of Generation of Bio-Energy.
PRESPL was incorporated in March 2011 to exclusively cater to the Biomass Fuel needs of Punjab Biomass Power Ltd, a 12MW Paddy Straw Based Power Plant, jointly owned by Bermaco Group with leading Indian financial conglomerate and later on expanded its operations on pan India basis.
PRESPL has been successfully catering to the Biomass requirements of Independent Power Plants (IPPs), Captive & Co-Generation Power Plants and processing plants covering aggregation, processing, transportation and storage, with efficient and economical Supply Chain Management (SCM) systems. Handling up to ~1000 MT per day of biomass during peak season, PRESPL is today the largest organized player in the biomass fuel aggregation and supply segment.
PRESPL engaged itself into Research & Development activities of Energy Plantation in Bermaco Group’s Farm land of 100 Ha. in Karjat, Maharashtra, India and found the results to be satisfactory and encouraging. PRESPL’s proposals are under discussions for undertaking Energy Plantation, its management and conversion into Bio-Fuels & Bio-Energy, in India, Mozambique and Indonesia for land parcel size of more than 10,000 ha. responsAbility Investments AG, one of the world leading independent Asset Management Company based in Zurich specialized in sectors viz. Finance, Agricultural, Energy, Healthcare and Education has picked up minorities of equity stack in PRESPL in September 2013.
PRESPL, in a span of four years, is positioned as a Market Leader and is recognized as the only Company in the organized sector of Biomass Supply Chain Management in India has also ventured into value addition activities like briquetting, pelleting, torrefaction, bio-gas, bio-fuel extractions etc.
BIOMASS TO POWER'S by incrementally replacing fossil fuels by green fuels & maximising the use of Biomass for Energy and Power Generation in India & Abroad.
Be a leading player in the global energy sector providing sustainable and economically viable Bio-Energy Solutions thereby contributing towards energy security and environment protection