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VA Tech Wabag Limited has formed a new subsidiary, Ghaziabad Bioenergy Private Limited, to implement a compressed bio-gas (CBG) project in Uttar Pradesh. Incorporated on February 16, 2026, as a joint venture with PEAK Sustainability Partners LLP, the subsidiary will develop a CBG project on a Build-Operate-Transfer basis. This initiative follows Wabag's earlier agreement with Peak Sustainability Ventures to establish 100 CBG plants across India, reflecting growth in the bioenergy sector.