BPCL-GPS Renewables JV to build CBG plants, push Net Zero drive
26 Apr 2025
2 Min Read
CW Team
Bharat Petroleum Corp Ltd (BPCL) has partnered with GPS Renewables to launch a nationwide network of compressed biogas (CBG) plants, formalising a JV aimed at scaling clean energy and accelerating its Net Zero 2040 goals.
The collaboration鈥攐riginally announced in September 2024鈥攚as formalised this week via a joint venture agreement, which will focus on converting agricultural and organic waste into CBG using advanced waste-to-energy tech.
The venture plans to roll out 8鈥�10 plants across key agri-dominant states including Punjab, Bihar, West Bengal, Odisha, and Uttar Pradesh鈥攔egions with ample biomass availability and synergy with BPCL鈥檚 city gas networks. This will help curb stubble burning, reduce emissions, and generate rural income via agri-residue procurement.
鈥淭his JV is a strategic public-private step toward India鈥檚 low-carbon transition and circular economy goals,鈥� BPCL said in a statement.
The initiative also supports key government programmes like GOBARdhan, SATAT, and the Compressed Biogas Blending Obligation (CBO), aimed at mainstreaming green fuels in India鈥檚 energy mix.
BPCL, India鈥檚 second-largest oil marketer and a Fortune Global 500 firm, currently operates three refineries with a total capacity of 35.3 MMTPA and runs over 23,500 fuel outlets nationwide. It has committed to becoming a Net Zero Energy Company by 2040 for Scope 1 and 2 emissions.
GPS Renewables, a leading domestic biofuel player, has delivered over 100 biogas plants and recently acquired Germany鈥檚 Proweps Envirotech GmbH to strengthen its global waste-to-biogas tech footprint. Its portfolio includes Asia鈥檚 largest RNG plant, based on municipal waste, in Indore.
Image source:psuconnect
Bharat Petroleum Corp Ltd (BPCL) has partnered with GPS Renewables to launch a nationwide network of compressed biogas (CBG) plants, formalising a JV aimed at scaling clean energy and accelerating its Net Zero 2040 goals.
The collaboration鈥攐riginally announced in September 2024鈥攚as formalised this week via a joint venture agreement, which will focus on converting agricultural and organic waste into CBG using advanced waste-to-energy tech.
The venture plans to roll out 8鈥�10 plants across key agri-dominant states including Punjab, Bihar, West Bengal, Odisha, and Uttar Pradesh鈥攔egions with ample biomass availability and synergy with BPCL鈥檚 city gas networks. This will help curb stubble burning, reduce emissions, and generate rural income via agri-residue procurement.
鈥淭his JV is a strategic public-private step toward India鈥檚 low-carbon transition and circular economy goals,鈥� BPCL said in a statement.
The initiative also supports key government programmes like GOBARdhan, SATAT, and the Compressed Biogas Blending Obligation (CBO), aimed at mainstreaming green fuels in India鈥檚 energy mix.
BPCL, India鈥檚 second-largest oil marketer and a Fortune Global 500 firm, currently operates three refineries with a total capacity of 35.3 MMTPA and runs over 23,500 fuel outlets nationwide. It has committed to becoming a Net Zero Energy Company by 2040 for Scope 1 and 2 emissions.
GPS Renewables, a leading domestic biofuel player, has delivered over 100 biogas plants and recently acquired Germany鈥檚 Proweps Envirotech GmbH to strengthen its global waste-to-biogas tech footprint. Its portfolio includes Asia鈥檚 largest RNG plant, based on municipal waste, in Indore.Image source:psuconnect
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