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BPCL and GPS Renewables form JV to set up 8-10 CBG plants

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Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have formed a joint venture (JV) to build 8-10 compressed biogas (CBG) plants in several Indian states, including Bihar, Odisha, Punjab, Uttar Pradesh, and West Bengal. The JV aims to convert organic biomass waste into CBG, contributing to renewable energy goals and promoting waste-to-energy technology. The partnership plans to establish CBG production facilities using organic biomass, including agricultural and other organic residues. These plants will…

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Suzuki partners with NDDB for biogas venture

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Suzuki Motor Corporation, through its subsidiary Suzuki R&D Center India (SRDI), has partnered with the National Dairy Development Board (NDDB) to invest in its biogas arm, NDDB Mirda.  Suzuki will acquire a 26% equity stake, with NDDB retaining 74%. The equity transaction is valued at par, with an initial capital of Rs 3 billion. In the first phase, Suzuki will invest Rs 88.4 million, while NDDB will contribute Rs 251.6 million, scaling further investments as…

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Indian Oil and EverEnviro form JV for CBG production

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Indian Oil Corporation (IOCL) has partnered with EverEnviro Resource Management to establish a joint venture (JV) focused on converting organic waste into compressed biogas (CBG).  The two companies will share equal ownership in the JV, which will integrate advanced biogas technologies to promote biofuels and support the national deployment of CBG plants. This initiative aligns with IOCL’s long-term low-carbon strategy and its goal of achieving operational net-zero emissions by 2046. In addition to the CBG…