BPCL board approves JV with Sembcorp, GPS Renewables

Bharat Petroleum Corporation Limited (BPCL) is set to expand its presence in the renewable energy sector through two new joint ventures. The state-owned company’s Board of Directors has approved partnerships with Sembcorp Green Hydrogen India Pvt. Ltd. and GPS Renewables Pvt. Ltd., respectively. The company said in an exchange filing on Thursday, September 12, that

India Oil inks pact for biofuel JV with GPS Renewables

Indian Oil Corporation announced that it has signed an agreement with GPS Renewables Private Limited to form a 50:50 joint venture company dedicated to advancing biofuel adoption across the country. Public sector giant Indian Oil Corporation announced on Wednesday that it has signed an agreement with GPS Renewables Private Limited to form a 50:50 joint

GPS Renewables bags order for CBG plants

GPS Renewables said that it has secured orders worth ₹2,000 crore to undertake multiple Compressed Biogas (CBG) projects, also called Renewable Natural Gas (RNG), across the country. The strategically-positioned CBG plants will process 4,000 tonnes per day (TPD) of agri-residue and energy crop, with an additional 300 TPD of municipal solid waste (MSW) processed for

GPS Renewables acquires Proweps

Indian biofuels technology firm GPS Renewables has acquired Germany-based Proweps Envirotech, a design and engineering company that specializes in technologies to utilize municipal and industrial organic waste for biogas production. According to the report, GPS Renewables has set up over 100 biogas plants across India. Meanwhile, Proweps’ flagship projects include the largest organic waste-to-biogas power