Asian Journal of Management Cases, Ahead of Print.
The case revolves around the decision to be taken by Mr Sashikant Hegde, Managing Director, Hycons Renewable Private Ltd, on the project viability of a business proposal. The proposal was to start a manufacturing plant in Punjab to produce compressed biogas using paddy straws. Hegde firmly believed that the company would do well considering the growth of the CNG market in India, as the oil and natural gas sector in India is among the top 10 core industries in the country and plays an important role in the existence of other important sectors as well. The proposal would benefit Hycons to establish its presence in northern India, but the project viability and funding of the investment remained an unanswered question.