29 Sep 2014

Green start-up raises Rs 77.8 lakh


A Tumkur-based start-up, ArstaEco Pvt Ltd, has raised euro 1,00,000 (Rs 77.8 lakh) from German investor Paul Guire, reports The Times of India. 

ArstaEco converts agricultural waste into solid fuel (bio-charcoal) and synthetic fuel, which can power turbines and gas generators to produce clean energy. ArstaEco has a facility in Tiptur, Tumkur district, that produces 6,00,000 tonnes of bio-charcoal briquettes and one Mw of power. Read More..

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