Mahindra Waste to Energy (MWTESL) acquired by Blue Planet
Blue Planet Environmental Solutions (Blue Planet) has informed that it has finalized the acquisition of Mahindra Waste to Energy Solutions Limited (MWTESL) which is a subsidiary of Mahindra Group. This strategic collaboration marks a significant advancement in promoting sustainability and circular economy initiatives. Blue Planet claims to be a global leader in sustainable waste management.
MWTESL specializes in converting municipal wet waste into Bio-CNG through Bio-Methanation, complementing the expertise of Blue Planet in carbon capture and utilization technologies. This partnership enables the integration of these capabilities to develop comprehensive waste-to-energy solutions that are both environmentally friendly and economically viable.
The official statement of Blue Planet says that the collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies. Joint efforts in research and development aim to drive breakthroughs in sustainable energy production and waste management, contributing to a circular economy.
Blue Planet’s Co-Founder & CEO, Prashant Singh, said on the development, “This collaboration unlocks new markets and opportunities. Together, we will penetrate new regions and deliver integrated waste management and renewable energy solutions. This partnership undoubtedly strengthens our capabilities and impact in the region.”
Founded in 2017, Blue Planet is a Singapore headquartered company driving regional sustainability through technology-driven and IP-based end-to-end solutions for waste management and upcycling. The company has created a platform for end-to-end waste management solutions. The goal is to apply these technologies across various stages of the waste life cycle to be able to close the loop, provide circular economy solutions and achieve the vision of zero waste to landfill.
With a demonstrated track record of efficiently operating seven developed projects and a commitment to sustainable growth, MWTESL is at the forefront of the waste-to-energy sector in India.
