compressed biogas

India | News | Renewable Energy

IGRPL secures Rs 8.36 billion funding for nine CBG projects
By October 7, 2025October 28, 2025

IOC GPS Renewables Private Limited (IGRPL) has obtained Rs 8.36 billion in debt financing from Indian Bank to develop nine compressed biogas (CBG) plants across India. The projects include four sites in Haryana, three in Uttar Pradesh, and one each in Chhattisgarh and Andhra Pradesh. Each plant will have a production capacity of 15 tonnes of CBG per day, using paddy straw as the primary feedstock. All nine facilities are scheduled for completion and commissioning…

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India | News

GAIL and TruAlt Bioenergy form JV for compressed biogas plants
By August 19, 2025August 19, 2025

GAIL (India) Limited has entered into a joint venture with TruAlt Bioenergy to expand the compressed biogas (CBG) sector. As part of the agreement, GAIL will acquire a 49 per cent equity stake in Leafiniti Bioenergy Private Limited, a wholly owned subsidiary of TruAlt. The transaction is subject to conditions precedent and approval from the Department of Investment and Public Asset Management. The joint venture will set up multiple greenfield CBG plants in phases, beginning…

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India | News

Refex Green sets up three CBG SPVs for waste-to-gas projects
By May 8, 2025May 8, 2025

Refex Green Power Limited, a wholly owned subsidiary of Refex Industries Limited, has incorporated three new step-down subsidiaries to develop municipal solid waste-based bio-compressed natural gas (CBG) plants. The new entities are Refex CBG SPV Limited, Refex CBG SPV (Salem) Limited, and Refex CBG SPV (Madurai) Limited. Each of them has been established with a paid-up equity share capital of Rs 1 million. These special purpose vehicles (SPVs) will operate under the public-private partnership (PPP)…

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India | News

ARYA secures Rs 1 billion to develop CBG projects with IOCL and BPCL
By October 30, 2024October 30, 2024

ARYA, a subsidiary of GPS Renewables, has raised Rs 1 billion in mezzanine financing as part of a Rs 2 billion funding round aimed at establishing compressed biogas (CBG) projects in collaboration with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The financing was provided by InCred Opportunities Fund and Spark Capital, supporting ARYA’s mission to advance biofuel production and contribute to India’s net zero objectives. In the coming year, ARYA plans…

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India | News

GAIL and VERBIO India sign MoU to establish agricultural residue-based CBG plants
By October 29, 2024October 29, 2024

GAIL (India) Limited and VERBIO India Private Limited have signed a memorandum of understanding (MoU) to collaborate on establishing compressed biogas (CBG) plants based on agricultural residues across India. The partnership will involve identifying suitable sites for greenfield CBG plants, conducting feasibility studies, and seeking investment approvals to form a joint venture (JV). Additionally, GAIL is considering acquiring an equity stake in VERBIO’s existing CBG plant in Punjab, further strengthening the collaboration.

Read More GAIL and VERBIO India sign MoU to establish agricultural residue-based CBG plants
India | News

Indian Oil and EverEnviro form JV for CBG production
By October 17, 2024October 17, 2024

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…

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