The collaboration—originally announced in September 2024—was formalised this week via a joint venture agreement, which will focus on converting agricultural and organic waste into CBG using advanced waste-to-energy tech.

The venture plans to roll out 8–10 plants across key agri-dominant states including Punjab, Bihar, West Bengal, Odisha, and Uttar Pradesh—regions with ample biomass availability and synergy with BPCL’s city gas networks. This will help curb stubble burning, reduce emissions, and generate rural income via agri-residue procurement.

“This JV is a strategic public-private step toward India’s low-carbon transition and circular economy goals,” BPCL said in a statement.

The initiative also supports key government programmes like GOBARdhan, SATAT, and the Compressed Biogas Blending Obligation (CBO), aimed at mainstreaming green fuels in India’s energy mix.

BPCL, India’s second-largest oil marketer and a Fortune Global 500 firm, currently operates three refineries with a total capacity of 35.3 MMTPA and runs over 23,500 fuel outlets nationwide. It has committed to becoming a Net Zero Energy Company by 2040 for Scope 1 and 2 emissions.

GPS Renewables, a leading domestic biofuel player, has delivered over 100 biogas plants and recently acquired Germany’s Proweps Envirotech GmbH to strengthen its global waste-to-biogas tech footprint. Its portfolio includes Asia’s largest RNG plant, based on municipal waste, in Indore.

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