Clenergen Corp. (CRGE.OB) Signs 49 Year Land Lease in India for Supply of Wood Chips for New Biomass Power Plant
Located in New York, Clenergen has developed a unique supply of fuel for use with gasification, combustion, steam, pyrolysis oil and pelleting technologies. Today, Clenergen took a major step towards enhancing its future with the announcement that they have signed a 49 year lease for land in Tamlinadu, India for the supply of wood chips for their 32MW/h new biomass power plant. The 49 year lease agreement was signed with the Jeer Mutt Religious Institution. Totaling 9,000 acres, the property contains 5,000 acres that are suitable for cultivation of Clenergen's two species of tree and grass for the supply of…