Mitsui : invests $4.1 million in Indian biomass logistic company

NEW DELHI (Reuters) - Japanese trader Mitsui & Co will invest 300 million rupees (about $4.1 million) in Punjab Renewable Energy Systems Pvt Ltd, the Indian company said in a statement on Wednesday.

Punjab Renewable Energy Systems, an Indian biomass supply-chain management company, is involved in the collection, storage and processing of agricultural residues and the production of biomass.

(Reporting by Nidhi Verma; Editing by Alison Williams)