Green Energy

ONGC, EverEnviro form ‘Joint Venture’ to set up 10 CBG plants in India

Renewable gas conglomerate EverEnviro Resource Management Pvt. Ltd. and state-owned ONGC have announced to have formed a joint venture (JV) to set up 10 Compressed Biogas (CBG) plants across India. The two companies have inked a an MoU for the same.

EverEnviro held that these plants, being set up in the first phase, are expected to reduce India’s reliance on imported gas and boost domestic renewable energy production.

The 50:50 JV between ONGC and EverEnviro aligns with the Government of India’s initiatives, including the Global Bio-Fuels Alliance and the ambitious goal of achieving Net Zero carbon emissions by 2070. By harnessing diverse feedstocks such as agri waste, agro-industrial waste, energy crops, and municipal solid waste (MSW), the partnership aims to mitigate approximately 7.5 lakh tons of CO2 equivalent annually.

Satyan Kumar, Executive Director, Chief Corporate Strategy, ONGC, said, “Alternative fuels like biogas play a pivotal role in meeting our country’s energy demands while promoting circular economy principles and effective waste management. ONGC has set sights on being Net Zero by 2038 and hence we recognize the urgency of transition to clean energy by utilizing agro-industrial waste and municipal solid waste.”

Deepak Agarwal, Executive Director, BD and Strategy, EverEnviro mentioned, “Our collaboration with ONGC, represents a significant milestone in our journey toward advancing renewable energy production in India. These projects will give a fillip to key government initiatives such as GOBARdhan scheme, Waste to Wealth, Make in India, Circular Economy, and Atmanirbhar Bharat. We are confident that our partnership will make a substantial impact in the CBG sector. The fermented organic manure produced as byproduct of CBG will promote regenerative agriculture, enhancing soil health and fertility in the catchment areas.”

EverEnviro has set a target to establish more than 100 CBG plants across India based on diverse feedstock. The organisation is already executing 20+ CBG projects across Madhya Pradesh, Uttar Pradesh, Delhi, and Punjab with a significant capital investment of nearly Rs 2,000 Crores which will result into a robust output of 320 metric tons per day of CBG.

EverEnviro had recently announced that its CBG plant in Indore, the largest in the country, has clocked the 100 per cent utilisation level.

Subhash Yadav

Recent Posts

IIT (ISM) Dhanbad sentra.world come together to decarbonise Indian Steel with biochar

The Indian Institute of Technology (Indian School of Mines), Dhanbad, has signed an MoU with…

1 day ago

Kotyark Industries secures Rs 564 crore biodiesel order to OMCs

Kotyark Industries Limited has announced that it has been awarded a tender to supply 48,381…

1 day ago

Hydrogen Europe, GH2 India agree at EUH2Week to collaborate for clean hydrogen

In a key development, Hydrogen Europe and the Green Hydrogen Association (GH2 India) have signed…

1 day ago

EDF Group, Abraxas Power join forces for Newfoundland’s Green Hydrogen, Ammonia Project

Energy transition players Abraxas Power Corp and EDF Group have collaborated to jointly develop the…

1 day ago

NTPC exhibits fly ash-based eco-housing solution ‘Sukh’ at IITF, Pragati Maidan

The state owned NTPC has launched an eco-friendly and affordable housing solution called ‘Sukh’ Eco-house,…

1 day ago

Tecnimont to set up waste-to-biogas plant in Odisha’s Paradip

Tecnimont has announced that its Indian subsidiary, Tecnimont Private Limited (TCMPL), has partnered with Paradeep…

1 day ago