Indian Oil Corporation and GPS Renewables form a joint venture to advance biofuel adoption in India, focusing on compressed biogas production from organic waste.
Indian Oil Corporation and GPS Renewables Private Limited have formed a 50:50 joint venture to advance biofuel adoption in India, focusing on integrating advanced biogas technologies to convert organic waste into compressed biogas (CBG). The initiative aims to reduce greenhouse gas emissions, complement Indian Oil's low-carbon development strategy, and contribute to India's net-zero target by 2070. The partnership will facilitate rapid deployment of CBG plants across India, with GPS Renewables providing essential insights and solutions for climate-positive biofuel projects.
June 19, 2024
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