CHENNAI, INDIA--(Marketwire - June 2, 2011) - Clenergen India Private Limited, a wholly owned subsidiary of Clenergen Corporation (OTCQB:CRGE)(FRANKFURT:9CE) signed a Memorandum of Understanding with Aurobindo Agro Energy Private Limited to acquire an 8.5MW biomass power plant located in Klayarkoil, Tamilnadu. Following the acquisition Clenergen will be operating 55.3MW of power generating plants in India, with projected annual revenues of $50 million and gross earnings estimated at $12 million.