Hyderabad, May 1 -- Telangana has signed a Memorandum of Understanding (MoU) for the establishment of 20 compressed biogas (CBG) plants in the state, with a total investment of approximately Rs 1,500 crore.

The agreement was signed between South Africa-based BioVest Energy, Telangana's Span Tech Engineers Private Limited, and EcoMax Energy.

The signing took place in the presence of Telangana Agriculture minister Tummala Nageswara Rao. Representatives from the companies involved included John Botha (BioVest Energy), Raj Mohan (Span Tech Engineers), M Ritvik Rao and R Rangaopal (EcoMax Energy).

The event was also attended by South African Consul General to India Gideon Lebane, Telangana agriculture secretary Raghunandan Rao, Korutla MLA ...