IndianOil partners with EverEnviro for sustainable energy solutions

To transform organic waste into Compressed Biogas (CBG), a cleaner and sustainable energy source, the joint venture will concentrate on integrating cutting-edge biogas technology.

IndianOil, the “Energy of India,” has signed a joint venture agreement with EverEnviro Resource Management Pvt. Ltd., one of the nation’s top biofuels companies, in a historic move to promote sustainable energy solutions in India. The establishment of a 50:50 joint venture business aimed at promoting the nationwide use of biofuel will be made possible by this relationship.

The agreement was signed by Santanu Gupta, Executive Director (Alternative Energy), Mahesh Girdhar, MD & CEO of EverEnviro, N Senthil Kumar, Director (Pipelines) with the additional responsibility of Director (P&BD), Alok Sharma, Director (R&D), and Arvind Kumar, Director (Refineries), in the presence of IndianOil dignitaries. Pravin Dongre, ED (Sustainable Development), IndianOil, and Deepak Agarwal, ED, EverEnviro, were present along with other senior leaders from both businesses.

To transform organic waste into Compressed Biogas (CBG), a cleaner and sustainable energy source, the joint venture will concentrate on integrating cutting-edge biogas technology. This will offer a sustainable substitute for conventional fossil fuels while drastically lowering greenhouse gas emissions. IndianOil and EverEnviro want to speed up the installation of CBG facilities across the country by utilizing their joint experience.

In addition to helping IndianOil reach its operational Net Zero objective by 2046 and its long-term low-carbon development strategy, these measures will also assist India reach its net zero aim by 2070. Both the environment and India may profit greatly from CBG. By lowering reliance on imported fossil fuels, it increases energy security for the nation and boosts the rural economy by generating jobs locally.

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