In a groundbreaking move, Sarthak Metals has taken a giant leap into the realm of Industrial Enzymes and Natural Proteins. Building on the disclosure made on December 28, 2023, regarding the management’s decision, the company has successfully secured the transfer of microbial cultures crucial for the production of specific bio-enzymes. These enzymes are set to play a pivotal role in cellulose degradation, particularly in alternative energy production like bioethanol and biogas.
Biofuels and green hydrogen are at the centre of India’s energy transition pathway to help it realise its ambitions of net zero emissions by 2070 and meet 50% of its electricity requirements from renewable energy sources by 2030. Additionally, India’s biogas market size was valued at USD 1.40 billion in 2021. The market is expected to grow from USD 1.47 billion in 2022 to USD 2.25 billion in 2029 at a CAGR of 6.3% in the 2022–2029 period.
What sets Sarthak Metals apart is the distinction of being the first private-public partnership entity to receive the technology transfer. The esteemed Council of Scientific & Industrial Research (CSIR) has chosen Sarthak Metals as its partner in this pioneering venture. The collaboration underscores the company’s commitment to innovation and sustainable practices.
Moreover, in pursuit of continuous research and development in this field, Sarthak Metals has taken a significant stride by establishing a pilot plant facility in Nagpur, Maharashtra. This facility is a testament to the company’s dedication to staying at the forefront of technology in the Industrial Enzymes sector.