Schneider Electric invests in Biofuels Junction

Energy management and automation firm Schneider Electric said it has made an equity investment in Biofuels Junction.

The investment has been made through Schneider Electric Energy Access (SEEAA), Schneider Electric said in a statement.

Biofuels Junction is a Mumbai-based clean-energy venture that manufactures and aggregates solid biofuels in the form of briquettes and pellets made from agricultural residues to be used as a replacement for fossil fuels in various industries.

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