
CBG plant at Brahmapuram to be inaugurated by July-end
The progress of the project came up for discussion at the regional review meeting chaired by Chief Minister Pinarayi Vijayan in Kottayam on Thursday (July 3, 2025). The trial run at the plant is currently under way. A tripartite agreement between the Kochi Corporation, the State government, and Bharat Petroleum Corporation Limited (BPCL), Kochi Refinery, has already been signed to operate the CBG plant, according to an official communication.
The meeting observed that the commissioning of the 150-tonne plant, with a capacity to produce 15 tonnes of biogas would resolve the waste management crisis faced by Kochi to a great extent. The gas would be supplied to BPCL through a pipeline.
Bio-bins have been deployed in all local bodies in Ernakulam district. Bio-mining at various centres is under way and will be completed in a time-bound manner.
'The CBG plant is intended to serve as a model, similar to the one in Indore. Initially, it will have the capacity to treat 75 tonnes of biodegradable waste per day, which will later be increased to 150 tonnes. While the proposed plant is expected to cater to the waste management needs of neighbouring local bodies in the future, in its initial phase, it will treat waste generated within the Kochi Corporation limits. At present, the Corporation generates over 150 tonnes of waste per day,' the communication said.
Besides, a black soldier fly-based waste treatment unit with the capacity to process 100 tonnes of waste per day is also operational at Brahmapuram. Fabbco Biocycle Private Limited, a company that produces bio-manure by treating biodegradable waste using black soldier flies (BSF), exported 80 tonnes earlier this month to a Dubai-based company engaged in sustainable vertical farming, and another 75 tonnes to the local Kerala market.
Exports have slowed with the onset of the monsoon due to increased moisture content. The company has since modified its machinery to reduce moisture in the biomanure and to ensure it remains in compliance with international standards in order to further boost its export potential, according to the authorities.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)

Business Standard
31 minutes ago
- Business Standard
Nuvama, Angle One, BSE slide up to 7% after Sebi ban on Jane Street
Shares of India's capital market stocks took a hit on Friday after the market regulator barred US-based quant firm Jane Street from accessing the domestic securities market for allegedly manipulating the markets. To be sure, the direct impact was felt by Jane Street's local trading partner, Nuvama Wealth Management Ltd., whose shares plunged as much as 6.7 per cent, the worst since May 5 this year. Other stocks that saw a sentimental impact were BSE and Angel One, although different triggers also impacted the stocks. BSE's counter fell as much as 6.1 per cent, while Angel One's scrip plunged 7.3 per cent on Friday. Shares of listed depository CDSL fell over 2 per cent during the session. Sebi bans Jane Street after alleged illegal gain The Securities and Exchange Board of India barred Jane Street from accessing the domestic securities market for allegedly manipulating the markets. In an interim order, Sebi has also directed the high-frequency trading outfit to disgorge ₹4,844 crore made 'unlawfully'. Jane Street's modus operandi included building aggressive positions in the options segment and then influencing the price in the underlying stock market, where volumes tend to be relatively low, according to Sebi. The Sebi investigation found that Jane Street accounted for a significant portion of the net buying in the 12 Bank Nifty component stocks and their futures. The 'burst of buying' was intended to influence the price of these securities, which in turn allowed the firm to put on significantly larger and profitable positions in the highly liquid index options segment. As per the Sebi order, between January 2023 and March 2025, Jane Street earned ₹44,358 crore in options, lost ₹7,208 crore in stock futures, lost ₹191 crore in index futures, and another ₹288 crore in cash, pocketing an overall gain of ₹36,671 crore during this period. Angel One F&O option premium turnover falls Angel One reported a year-on-year decline in its futures and options (F&O) segment based on option premium turnover for the quarter ended June 2025 (Q1 FY26). The F&O option premium turnover fell 17.8 per cent to ₹13,500 crore, compared to ₹16,400 crore in the same period last year (Q1 FY25). The decline highlights moderation in the derivatives volumes after Sebi's action to curb retail frenzy. However, overall option premium turnover, which includes all segments, rose 40.0 per cent year-on-year (Y-o-Y) to ₹1,048 crore, reflecting increased interest in non-F&O segments and broader market hedging. Angel One also saw a notable slowdown in trading activity during the June 2025 quarter (Q1 FY26), as key operational metrics declined year-on-year. The total number of orders executed on the platform fell 25.8 per cent to 343.11 million, while the average daily orders dropped 27.0 per cent to 5.62 million. Additionally, gross client acquisition declined sharply by 40 per cent Y-o-Y, with the company adding 1.45 million new clients during the quarter.


Time of India
32 minutes ago
- Time of India
Volvo Cars pushes back large-scale production at new Slovak plant to early 2027
Volvo Cars has pushed back large-scale production at its factory under construction in Slovakia to early 2027 from 2026 to optimise the Swedish automaker's product launch timeline, a spokesperson said on Thursday. The spokesperson said the decision was not made recently, but declined to comment on when it was taken. The Gothenburg-based company, owned by China's Geely Holding , has not stated publicly which car will be produced at the plant in Kosice, but said on Tuesday it would be a next-generation Volvo model . Earlier on Thursday, Polestar, also owned by Geely, said in a separate statement that it would start producing its upcoming Polestar 7 SUV at the Kosice plant in 2028. The plant is expected to have an annual production capacity of 250,000 cars. In April, shortly after returning as the CEO of Volvo Cars, Hakan Samuelsson said the automaker was reviewing which cars it intended to produce at the factory, and that it would prefer to also build cars for other Geely brands there, such as Polestar. Sharing the plant would "be really good for us because, at the end, it's a cost that has to be carried with production volume in the factory," Samuelsson told analysts in April. Back at the helm, Samuelsson has made a number of big changes and cuts at the Swedish automaker, including cutting 3,000 white-collar jobs, launching a cost-cutting programme and slowing down investments. The Swede, who ran Volvo for over a decade until 2022, has been clear that he wants Volvo to become closer to the other Geely brands and utilise their supply chain in an effort to save costs.


Time of India
35 minutes ago
- Time of India
Ambiq Micro files for US IPO as generative AI fuels chip demand
Chip designer Ambiq Micro on Thursday reported a 16.1% rise in 2024 net sales in its filing for a U.S. initial public offering, as growing demand for generative AI fuels spending on semiconductor technology. Strong investor demand for AI-focused tech stocks is helping revive the IPO market, as investors warm again to high-growth tech startups they had largely avoided for nearly three years. The Austin, Texas-based company disclosed a net loss of $39.7 million in 2024, narrowing from a loss of $50.3 million in the previous year. Net sales climbed 16.1% to $76.1 million in 2024. "Even though the company has had strong sales growth in the past years with large customers like Google and Huawei, Ambiq is exposed to high customer concentration risk by relying on a few large players," said IPOX research associate Lukas Muehlbauer. Proceeds from the IPO will be used for general corporate purposes, including working capital, sales and marketing activities, and product development. Analysts expect companies tied to the AI boom to drive the next wave of technology listings, fueled by expectations of rapid growth as businesses adopt more generative AI applications. The company said it will list on the NYSE under the symbol "AMBQ", joining a wave of chip design firms that are central to the AI boom, as processors driving the demand for faster and more efficient computing. Founded in 2010, Ambiq Micro provides ultra-low-power semiconductor solutions, targeting the power consumption challenges of general-purpose and AI computing. Ambiq Micro is targeting "AI at the edge" niche with its ultra-low-power chips said to cut power use by 2-5 times, giving it an edge in fast-growing wearables market, said Muehlbauer. Most AI computing uses vast amounts of electricity, driving demand for energy-efficient chips and a shift towards lower-power designs. BofA Securities and UBS are the lead underwriters for the offering.