ONGC and EverEnviro Form Joint Venture to Establish 10 CBG Plants

State-run ONGC and EverEnviro Resource Management have announced a joint venture (JV) to establish 10 Compressed Biogas (CBG) plants across India. The two companies signed a Memorandum of Understanding (MoU) for this initiative. The first phase of these plants is expected to reduce India's reliance on imported gas and enhance domestic renewable energy production, according to EverEnviro.

The 50:50 JV aligns with the Government's initiatives, including the Global Bio-Fuels Alliance and the goal of achieving Net Zero carbon emissions by 2070. By utilizing diverse feedstocks such as agricultural waste, agro-industrial waste, energy crops, and municipal solid waste (MSW), the partnership aims to mitigate approximately 7.5 lakh tonnes of CO2 equivalent annually.

Satyan Kumar, ONGC’s Executive Director and Chief of 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 aims to be Net Zero by 2038, recognizing the urgency of transitioning to clean energy by utilizing agro-industrial waste and MSW. Our partnership with EverEnviro in establishing CBG plants will significantly contribute to mitigating carbon emissions.”

Deepak Agarwal, EverEnviro’s Executive Director of Business Development and Strategy, added, “Our collaboration with ONGC marks a significant milestone in 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.”

EverEnviro plans to establish over 100 CBG plants across India and is already executing more than 20 CBG projects in Madhya Pradesh, Uttar Pradesh, Delhi, and Punjab, with a significant capital investment of nearly ₹2,000 crore. This investment will result in a robust CBG output of 320 tonnes per day.

HBL