IOCL and GPS Renewables Collaborate for Sustainable Energy Solutions – EQ
In Short : IOCL and GPS Renewables have collaborated to develop sustainable energy solutions. This partnership focuses on enhancing clean energy production, optimizing waste-to-energy technologies, and supporting India’s transition to renewable energy sources.
In Detail : Indian Oil Corporation Limited (IOCL) collaborated with GPS Renewables Pvt Ltd, a biofuels company, to advance sustainable energy solutions in India. The agreement was signed by Mainak Chakraborty, CEO and Co-founder of GPS Renewables, and Santanu Gupta, Executive Director (Alternative Energy), IOCL.
The collaboration aims to integrate advanced biogas technologies for converting organic waste into compressed biogas (CBG), providing a cleaner and renewable energy source. The initiative is expected to significantly reduce greenhouse gas emissions and offer a sustainable alternative to conventional fossil fuels.
By leveraging their combined expertise, IOCL and GPS Renewables plan to accelerate the deployment of CBG plants across India, the efforts align with IOCL’s long-term strategy for low-carbon development and support its goal of achieving net zero carbon emissions by 2046.
