Clenergen Corp. (CRGE.OB) Expands Land Leases in India and South America
Clenergen Corporation, a developer of power generation systems that run on biomass crops grown specifically for use as a power source, has secured a 49 year lease for 4,000 acres of land in Tamil Nadu, on the southeast coast of India. The acreage, located in the Tuticorin and Tirunelveli districts, will support plantations of bamboo (1,200 acres) and a fast growing species of tree called marjestica (2,800 acres) to feed a planned 16 megawatt power plant in the city of Tuticorin. The city of Tuticorin has a seaport, airport, and is within 30 kilometers of the plantation sites. Clenergen has…