IndianOil, EverEnviro Form Biofuel JV
OIL & GAS

IndianOil, EverEnviro Form Biofuel JV

IndianOil, one of India’s leading oil companies, and EverEnviro, a waste management company, have formed a 50:50 joint venture (JV) aimed at accelerating the development of biofuels in India. This strategic partnership is part of both companies’ commitment to driving India’s energy transition towards cleaner, more sustainable fuel alternatives. The JV will focus on converting municipal solid waste and agricultural residues into biofuels, which can be used in transportation and industrial applications.

The collaboration aligns with India’s broader energy goals of reducing carbon emissions and boosting the use of renewable energy. Biofuels produced from waste not only provide a sustainable alternative to fossil fuels but also help tackle the country’s growing waste management challenges. IndianOil’s expertise in fuel production, combined with EverEnviro’s specialization in waste processing, makes this partnership a crucial step toward promoting a circular economy.

The venture will establish several biofuel production facilities across India, focusing on creating a reliable supply chain for waste-to-energy solutions. These plants will utilize advanced technology to process organic waste into biofuels such as compressed biogas (CBG) and ethanol, which are crucial for reducing the carbon footprint of the transportation and energy sectors.

This initiative supports the Indian government’s vision for achieving energy security through renewable sources and aligns with global efforts to mitigate climate change by reducing reliance on fossil fuels. The IndianOil-EverEnviro JV is expected to play a pivotal role in India’s biofuel roadmap, contributing to the nation's goals of increased energy self-reliance and a sustainable future.

IndianOil, one of India’s leading oil companies, and EverEnviro, a waste management company, have formed a 50:50 joint venture (JV) aimed at accelerating the development of biofuels in India. This strategic partnership is part of both companies’ commitment to driving India’s energy transition towards cleaner, more sustainable fuel alternatives. The JV will focus on converting municipal solid waste and agricultural residues into biofuels, which can be used in transportation and industrial applications. The collaboration aligns with India’s broader energy goals of reducing carbon emissions and boosting the use of renewable energy. Biofuels produced from waste not only provide a sustainable alternative to fossil fuels but also help tackle the country’s growing waste management challenges. IndianOil’s expertise in fuel production, combined with EverEnviro’s specialization in waste processing, makes this partnership a crucial step toward promoting a circular economy. The venture will establish several biofuel production facilities across India, focusing on creating a reliable supply chain for waste-to-energy solutions. These plants will utilize advanced technology to process organic waste into biofuels such as compressed biogas (CBG) and ethanol, which are crucial for reducing the carbon footprint of the transportation and energy sectors. This initiative supports the Indian government’s vision for achieving energy security through renewable sources and aligns with global efforts to mitigate climate change by reducing reliance on fossil fuels. The IndianOil-EverEnviro JV is expected to play a pivotal role in India’s biofuel roadmap, contributing to the nation's goals of increased energy self-reliance and a sustainable future.

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?