Synopsis The two companies have identified the first two projects that will be set up with an investment of Rs 100 crore, and have plans to set up 100 such greenfield projects in the next three-four years in India. Agencies The joint initiative aims to use technology to set up compressed biogas projects in India, which will use farm waste to produce gas and bio-manure. Paris headquartered water, waste and energy management solution provider Veolia and London-based Carbon Clean are in a pact to jointly set up bio fuels and carbon capture projects in India, a top executive told ET. The two companies have identified the first two projects that will be set up with an investment of Rs 100 crore, and have plans to set up 100 such greenfield projects in the next three-four years in India.