Blue Planet Acquires Majority Stake in Mahindra Waste To Energy Solutions
20 Feb 2024
2 Min Read
CW Team
Singapore-based waste management company, Blue Planet Environmental Solutions (Blue Planet), has made a significant move by acquiring a majority stake in Mahindra Waste To Energy Solutions Ltd (MWTESL), a subsidiary of the Mahindra Group.
Specializing in converting municipal wet waste into bio-CNG through bio-methanation, MWTESL's expertise perfectly complements Blue Planet's capabilities in carbon capture and utilization technologies. This strategic acquisition aims to integrate the strengths of both companies, advancing comprehensive waste-to-energy solutions and promoting a circular economy.
"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," said Prashant Singh, Co-founder & CEO of Blue Planet.
Headquartered in Singapore, Blue Planet is dedicated to driving sustainability through its end-to-end waste management platform. The company applies innovative technologies throughout the waste life cycle to promote circular economy solutions.
"The collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies," Blue Planet stated in an official statement.
With this acquisition, Blue Planet expands its reach and solidifies its position in the waste management industry, marking a significant step towards achieving sustainable waste solutions and renewable energy generation.
Singapore-based waste management company, Blue Planet Environmental Solutions (Blue Planet), has made a significant move by acquiring a majority stake in Mahindra Waste To Energy Solutions Ltd (MWTESL), a subsidiary of the Mahindra Group.
Specializing in converting municipal wet waste into bio-CNG through bio-methanation, MWTESL's expertise perfectly complements Blue Planet's capabilities in carbon capture and utilization technologies. This strategic acquisition aims to integrate the strengths of both companies, advancing comprehensive waste-to-energy solutions and promoting a circular economy.
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, said Prashant Singh, Co-founder & CEO of Blue Planet.
Headquartered in Singapore, Blue Planet is dedicated to driving sustainability through its end-to-end waste management platform. The company applies innovative technologies throughout the waste life cycle to promote circular economy solutions.
The collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies, Blue Planet stated in an official statement.
With this acquisition, Blue Planet expands its reach and solidifies its position in the waste management industry, marking a significant step towards achieving sustainable waste solutions and renewable energy generation.
Next Story
3i Infotech Reports Rs 7.25 Bn Revenue for FY25
3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..
Next Story
Emerald Finance Joins Baya PTE to Boost SME Bill Discounting
Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..
Next Story
BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25
BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..
