Bio Energy Ventures

Key Highlights

  • Technology Biogas
  • City Lahore
  • Business type Greenfield
  • 1.179m Investment raised with PFAN support (USD)
  • 30% Project IRR
  • 162 GHG mitigation impact (tonnes of CO2e/year)

Bio Waste Energy Ventures: Pioneering Biomethane for a Sustainable Pakistan with PFAN’s Support

Bio Waste Energy Ventures Limited (BEVL) is leading a transformative shift in Pakistan’s energy landscape through the development of the country’s largest biomethane project. Based in Karachi, this ambitious initiative aims to harness the potential of organic waste to produce clean, efficient and low-emission energy in the form of bio-methane—a sustainable alternative to fossil fuels such as Regassified Liquefied Natural Gas (RLNG).

 

VIDEO: Bio Waste Energy Ventures

At the heart of the project is an 18,000 m³/day digester, which will process approximately 400 tonnes of livestock manure and fruit and vegetable waste daily. This waste, often dumped untreated in urban areas and cattle colonies, releases harmful methane emissions into the atmosphere. BEVL’s project is designed to capture and convert this methane into a productive energy source, reducing environmental harm while addressing the country’s growing energy demands.

The project’s daily output is projected at 11,261 m³ of bio-methane, which will be supplied to industrial clients—several of whom have already expressed strong interest in replacing their RLNG consumption with this cleaner fuel. In its first stage, BEVL aims to secure bulk supply agreements with key industrial groups operating within Karachi’s major zones.

“The mission of setting up this project is not only green and clean energy, but our contribution towards a sustainable tomorrow.”

Waqas Mohsin, Founder and CEO, Bio Waste Energy Ventures

In addition to bio-methane, the project will produce an estimated 8.6 tonnes per day of high-quality organic fertiliser. This by-product will be distributed to nurseries, organic farms and agricultural input providers, further contributing to sustainable agriculture and eco-friendly practices across Pakistan.

The initiative aligns with multiple United Nations Sustainable Development Goals (SDGs). “You must have all heard about the UN SDGs,” says Waqas Mohsin, Founder and CEO of Bio Waste Energy Ventures. “This project directly contributes to at least eight of these SDGs, which is a major contribution towards society at large.”

Sustainability and responsible waste management are at the heart of BEVL’s vision. “The mission of setting up this project is not only green and clean energy, but our contribution towards a sustainable tomorrow,” he says.

From the early stages, PFAN provided essential guidance in conducting socio-economic and environmental impact studies, helping ensure the project met both technical and financial benchmarks. PFAN’s assistance also extended to capital mobilisation, including support in raising partial guarantees.

PFAN also played a pivotal role in helping BEVL secure financing. “Strictly from a financial point of view,” he notes, “they helped us raise part of our guarantee.”

Beyond BEVL, PFAN’s support is crucial for other clean energy ventures. “It’s not just for a project like ours,” says Mohsin. “The programmes of USAID under the auspices of PFAN and UNIDO are helping a number of similar projects at the small and medium enterprise level. This is the segment which is not really favoured by banks and financial institutions.”

Grateful for the ongoing support, Mohsin acknowledges the broader impact: “We are extremely grateful to USAID, PFAN, REEEP and UNIDO as the programme gels in with our objectives of climate positivity and sustainability.”