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AVS GROUP AND NOCART JOIN HANDS FOR A SUSTAINABLE INDIA

Green Today,
Greener Tomorrow.

Newsletter

AVS Group brings in a prominent Cleantech company with a potential investment of

$3.5 Billion*

(₹28,000 crores)

Worth MoUs Signed

L-R: Mr. Abdul Gamel Nasser, Business Financial Associate, AVS Group; Mr. A.K. Sharma, Minister of Energy for Uttar Pradesh;

Mr. Vesa Korhonen, Managing Director, Nocart; and Lt. Col. Vijay Tomar (Retd.), Chairman, AVS Group

The Uttar Pradesh Global Investors Summit 2023 was a 3-day investment event organised by the Government of Uttar Pradesh, India. It brought various stakeholders from around the world together, including policymakers, business leaders, and academic experts, to collectively explore business opportunities and forge partnerships worth $420 Billion* (₹33.83 lakh crores). The event was officially inaugurated by the honorable Prime Minister of India, Shri Narendra Modi, accompanied by the honorable Chief Minister of Uttar Pradesh, Shri Yogi Adityanath Singh, and the Minister of Energy for Uttar Pradesh, Shri A.K. Sharma.

40

MoUs Signed

$3.5 Billion*

(₹28,000 crores)

Worth MoUs Signed

55

Sites Identified

About Cleantech Group:

Cleantech Finland is a Finnish national project, backed by the Government of Finland, to support clean technology companies internationally.

About Nocart:

Nocart is an environmentally conscious energy company that uses multiple sources to produce high-quality green electricity for all needs. They are among the top 20 promising companies in Finland, have delivered 50 units of power plants, and have seen a remarkable growth of 323% from last year.

AVS Group and Nocart join forces to introduce renewable energy solutions in India

AVS Group is an India-based Multinational Company with subsidiaries all over Ghana. 

AVS Group is proud to bring Nocart, a leading member of the Cleantech Consortium, to India. The work will encompass three innovative projects in the fields of Renewable Energy, 

Compressed Bio Gas, and Bio Pellets. With the signing of 40 Memorandums of 

Understanding (MoUs) with the Government, 35 sites have been identified with a portfolio valued at $2 Billion* (₹16,000 crores), which has the potential to expand to 55 sites worth $3.5 Billion* (₹28,000 crores) of portfolio.

 

The association shall begin with the inception of three pioneering prime 

locations – Lucknow, with a portfolio of $1 Billion* (₹8,000 crores), Basti, with a portfolio of $37.5 Million* (₹300 crores), and Mau, with a portfolio of $35 Million* (₹280 crores).

An initiative towards a better India

AVS Group is an India-based Multinational Company with subsidiaries all over Ghana. 

AVS Group is proud to bring Nocart, a leading member of the Cleantech Consortium, to India. The work will encompass three innovative projects in the fields of Renewable Energy, 

Compressed Bio Gas, and Bio Pellets. With the signing of 40 Memorandums of 

Understanding (MoUs) with the Government, 35 sites have been identified with a portfolio valued at $2 Billion* (₹16,000 crores), which has the potential to expand to 55 sites worth $3.5 Billion* (₹28,000 crores) of portfolio.

 

The association shall begin with the inception of three pioneering prime 

locations – Lucknow, with a portfolio of $1 Billion* (₹8,000 crores), Basti, with a portfolio of $37.5 Million* (₹300 crores), and Mau, with a portfolio of $35 Million* (₹280 crores).

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*The values provided are approximate and should be used as an estimate only.