Energy Maharatna ONGC and EverEnviro Resource Management Pvt. Ltd., a leading developer of compressed biogas (RNG) in India, have formed a joint venture (JV) to establish 10 Compressed Biogas (CBG) plants across India. The two firms have signed a memorandum of understanding (MoU) for this initiative. These plants, part of the first phase, aim to reduce India’s reliance on imported gas and enhance domestic renewable energy production.
The 50:50 JV between ONGC and EverEnviro aligns with the Government’s initiatives, such as the Global Bio-Fuels Alliance and the goal of achieving net-zero carbon emissions by 2070. By utilizing various feedstocks, including agricultural waste, agro-industrial waste, energy crops, and municipal solid waste (MSW), the partnership aims to mitigate approximately 750,000 tons of CO2 equivalent annually.
Satyan Kumar, ONGC’s Executive Director (Chief Corporate Strategy), stated, “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 its sights on being net-zero by 2038, and we recognize the urgency of transitioning to clean energy by utilizing agro-industrial waste and municipal solid waste. Our partnership with EverEnviro in establishing CBG plants will significantly contribute to mitigating carbon emissions.”
Deepak Agarwal, EverEnviro’s Executive Director (BD and Strategy), remarked, “Our collaboration with ONGC represents a significant milestone in our journey toward advancing renewable energy production in India. These projects will support key government initiatives such as the 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 a byproduct of CBG will promote regenerative agriculture, enhancing soil health and fertility in the catchment areas.”
According to an official statement, EverEnviro aims to establish over 100 CBG plants across India using diverse feedstocks, including municipal solid waste (MSW), agricultural waste, and agro-industrial waste. The organization is currently executing over 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 in a robust output of 320 metric tons per day of CBG.