Pune, India
GREENJOULES PVT LTD., founded in 2018 in India, is carving a niche in the renewable energy sector. With its evocative slogan, “Remodel Waste to Power the Future,” the company focuses on manufacturing environment-friendly 2nd Generation Biofuels from agro-industrial wastes, utilizing technology developed domestically.
The company operates bio-refinery plants in Chakan, Pune, and Rasayani, near Mumbai, leveraging local resources such as paddy straw and rice husk. These efforts support Greenjoules’ mission to ease agricultural waste disposal challenges and contribute to cleaner energy production.
Greenjoules’ biofuels meet high-speed diesel standards with ultra-low sulfur content, achieving significant GHG footprint reduction. Their modular plant design suggests a scalable, decentralized production model expected to extend operations across India.
In June 2021, Greenjoules secured a INR330.00M Series A investment led by Blue Ashva Capital. This highlights investor confidence in its potential to generate economic value while promoting environmental conservation and local entrepreneurship.
