Energy Maharatna ONGC and EverEnviro Resource Management have announced a joint venture (JV) to establish 10 Compressed Biogas (CBG) plants across the country. The two companies signed a Memorandum of Understanding (MoU) to initiate the first phase of this project, aiming to reduce India’s dependence on imported gas and enhance domestic renewable energy production.
The 50:50 joint venture between ONGC and EverEnviro aligns with the Government of India’s initiatives, such as the Global Bio-Fuels Alliance and the ambitious goal of achieving Net Zero carbon emissions by 2070. Utilizing various feedstocks including agricultural waste, agro-industrial waste, energy crops, and municipal solid waste (MSW), the partnership aims to mitigate approximately 7,50,000 tons of CO2 equivalent annually.
Satyan Kumar, Executive Director and Chief Corporate Strategy Officer at ONGC, emphasized the importance of alternative fuels in meeting India’s energy demands and promoting circular economy principles. “ONGC aims to be Net Zero by 2038, and we recognise the urgency of transitioning to clean energy by utilising agro-industrial waste and municipal solid waste. Our partnership with EverEnviro in establishing CBG plants will significantly contribute to mitigating carbon emissions,” Kumar stated.
Deepak Agarwal, Executive Director of Business Development and Strategy at EverEnviro, highlighted the significance of this collaboration. “Our partnership with ONGC represents a major 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 have a substantial impact on 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,” Agarwal said.
EverEnviro has ambitious plans to establish over 100 CBG plants across India, using diverse feedstocks including municipal solid waste, agro waste, and agro-industrial waste. The organization 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 Crores. These projects are expected to produce a robust output of 320 metric tons per day of CBG.
