Showing posts with label GPS Renewables. Show all posts
Showing posts with label GPS Renewables. Show all posts

IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing Deal

IGRPL, An IndianOil-GPS JV, Raises ₹836 Cr in Landmark CBG Financing Deal

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation Ltd. (IndianOil) and GPS Renewables, focused on advancing India’s biofuels sector, has raised INR 836 crore (approximately USD 95 million) in debt financing from Indian Bank for the execution of 9 Compressed Biogas Projects across the country. The facility agreements were executed on 30th September in New Delhi between Indian Bank and IGRPL, represented by its CEO, Devendra Singh Sehgal, and CFO, Punit Jain.

This funding is the largest single-bank debt raise in the Compressed Biogas sector (CBG) (also referred to as Renewable Natural Gas or RNG). This is also the first case of a fully non-recourse debt raise in this sector.

The funds will be used towards development of CBG plants across India, with 4 projects in Haryana, 3 in Uttar Pradesh, 1 in Chhattisgarh and 1 in Andhra Pradesh. Each plant has a capacity to produce 15 tonnes of CBG per day and will use paddy straw as the primary feedstock. All 9 plants are expected to be completed and commissioned in 2026.

Commenting on the fundraise, Devendra Singh Sehgal, CEO, IGRPL (IOC and GPS Renewables Private Limited), said, “IGRPL was formed with an aim to scale India’s biogas infrastructure and drive wider adoption. This funding gives us the momentum to accelerate that mission. This is the first time that an OMC Joint Venture has secured a sanctioned loan for CBG projects without any corporate collateral, indicating IOCL’s strong credibility and the sector’s massive potential. This not only builds confidence among stakeholders but also encourages more large-scale investments in India’s clean energy sector

Deepak Agarwal, MD, of GPSR ARYA (GPS Renewables’ asset platform), said, “Securing the largest single-bank funding in the CBG sector underscores the scale of the opportunity that exists. As the country makes significant strides towards a clean energy transition, our vision is to drive biofuel production and position India as a leading producer of renewable energy. This fundraise is a pivotal step in IGRPL’s journey as it enables us to execute our ambitious plan of building a nationwide network of CBG plants to significantly reduce our dependence on fossil fuels and lower greenhouse gas emissions.”

About IGRPL

IGRPL is a 50:50 Joint Venture by IndianOil and GPS Renewables Arya established in 2024. The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels. By leveraging their combined expertise, IndianOil and GPS Renewables aim to accelerate the deployment of CBG plants nationwide. These initiatives complement IndianOil’s long-term low-carbon development strategy and to achieve operational net zero by 2046, which will also help achieve net-zero target by 2070 for our Country. CBG offers numerous benefits to India and the environment. For the country, it promotes energy security by reducing dependence on imported fossil fuels and supports the rural economy by creating local employment opportunities.

About IndianOil

IndianOil, a leader in the global energy sector and ranked 116th on the Fortune Global 500 list, is driving India's transition to cleaner and greener energy with a strong focus on sustainability. The company has set an ambitious target of achieving operational Net-Zero Emissions by 2046, aligning with India's national goal of Net-Zero by 2070. Alongside its green energy focus, IndianOil remains a major player in the oil and gas industry, operating a refining capacity of 70.25 million metric tonnes per annum (MMTPA) and an extensive pipeline network stretching nearly 20,000 kilometers. IndianOil processes over 1.6 million barrels of crude oil daily and operates more than 61,000 customer touchpoints, including 37,500+ fuel stations. The company also serves over 150 million LPG customers and is a leader in the petrochemicals and lubricants segments. At the forefront of hydrogen mobility,biofuels, and electric vehicle infrastructure, IndianOil has installed over 10,028 EV charging stations across India, along with battery swapping services at key locations. As a promoter of the Government's SATAT initiative, IndianOil is advancing Compressed Biogas (CBG) under its "IndiGreen" brand. Additionally, the company has expanded its ethanol initiatives, launching E20 fuel at more than 5,700 outlets and Ethanol 100 fuel at 400 locations. IndianOil’s innovative solar cooktop, ‘Surya Nutan,’ is further proof of its commitment to clean energy, with plans to deploy 350 units in Madhya Pradesh. Beyond its core businesses, IndianOil remains dedicated to environmental sustainability, investing over Rs 457 crore in CSR projects focused on healthcare, education, skill development, and women empowerment. As IndianOil leads the charge towards a greener future, it continues to power the nation’s progress while expanding its presence in international

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

GPS Renewables and CSIR-NCL Launch NG SAF: An Indigenous Ethanol-to-SAF Technology

GPS Renewables and CSIR-NCL Launch NG SAF: An Indigenous Ethanol-to-SAF Technology

GPS Renewables, one of the leading global full-stack, renewable oil & gas companies offering technology and project solutions for climate-positive biofuel projects, has partnered with Council of Scientific and Industrial Research – National Chemical Laboratory (CSIR-NCL) to develop a first-of-a-kind commercial-scale production of Sustainable Aviation Fuel (SAF) from ethanol. The same technology can be used to produce SAF from methanol as well.

As part of the partnership, GPS Renewables will invest in developing technology based on a patented catalyst from CSIR-NCL. The technology will enable one-step oligomerization of ethylene and other olefins – a process where small molecules are joined together to form larger molecules that emulate Aviation Turbine Fuel. Multiple players have demonstrated the Ethanol-to-Jet Fuel process at lab scale, but commercial-scale production has remained elusive.

With a license to the CSIR-NCL technology, GPS will engineer a commercial-scale plant under the project brand NG SAF. This partnership aims to demonstrate the first commercial-scale Ethanol-To-Jet plant. GPS Renewables holds the exclusive rights to commercialize this technology.

Currently, SAF is produced on a commercial scale primarily through the HEFA pathway (Hydroprocessed Esters and Fatty Acids), which uses feedstocks like Used Cooking Oil (UCO) or animal fats. In India, large-scale HEFA production is not a feasible solution due to the lack of an organized UCO collection system and FSSAI restrictions on importing UCO. These feedstock challenges make it difficult to scale SAF production through the HEFA route in India, thereby highlighting the need for an alternative, home-grown technology that can boost SAF production. Ethanol from 2G biomass is expected to be a key product of the Indian agri-biomass ecosystem, and this will be the feedstock for the CSIR-NCL-GPS SAF production.

Commenting on the collaboration, Gomatam Ravi, CTO, GPS Renewables, said, “We are thrilled to partner with CSIR-NCL to build an indigenous and breakthrough SAF technology that can position India as a leader in SAF production. At GPS, we have always prioritized technology that can fast-track India’s transition to clean energy, and this collaboration reflects that commitment. While many have demonstrated the process at lab scale, none have succeeded in producing SAF from Ethanol at an industrial scale. With NG SAF, we aim to change that. We are confident that with our expertise in scaling cleantech solutions and CSIR-NCL’s scientific backing, we can deliver an indigenous and industrially viable SAF solution to the world.”

Dr. Ashish Lele, Director, CSIR-National Chemical Laboratory, said, “One of our core strengths at CSIR-NCL lies in working closely with industry leaders to transform disruptive ideas into commercially deployable solutions. Scientific research, when coupled with industry collaboration, can create promising solutions to address global challenges. This indigenous technology, named NG SAF, based on CSIR-NCL’s patented oligomerization process, can be a game-changer to decarbonize the aviation sector. GPS Renewables’ proven track record and extensive experience in clean fuels make them an ideal partner to take this innovation from the lab to the market.

Mainak Chakraborty, Co-Founder and CEO, GPS Renewables, highlighted the importance of the team behind the program, saying “The technical advisory team to the NG SAF project is a thing of dreams, including Dr. Anjan Ray, (Former Director UOP and Former Director of Indian Institute of Petroleum), Dr. Arvind Lali, (Retired Professor from ICT Mumbai), Dr. Ashish Lele, (Director NCL), Gomatam Ravi, (Former Head of Shell Technology Center), Dr. Samir Chikkali (Humboldt Fellow and Faculty at NCL), and several others. GPSR has an engineering team of 120 people, adding up decades of experience from the likes of Petrofac, Petronas, Technip, Toyo, McDermott, Lauren USA, L&T, and other industry leaders, all of whom have come together to make NG SAF a reality.”

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is the world’s largest full-stack, renewable oil & gas company offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”), a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

https://gpsrenewables.com/

About CSIR- NCL

National Chemical Laboratory (CSIR-NCL), Pune, established in 1950, is a constituent laboratory of Council of Scientific and Industrial Research (CSIR). CSIR-NCL is a science and knowledge-based research, development, and consulting organization. It is internationally known for its excellence in scientific research in chemistry and chemical engineering, as well as for its outstanding track record of industrial research involving partnerships with industry from concept to commercialization.

https://www.ncl-india.org/

GPS Renewables to Manufacture High-Efficiency Biogas Agitators in India Under Exclusive BGTS Partnership

GPS Renewables to Manufacture High-Efficiency Biogas Agitators in India Under Exclusive BGTS Partnership
Image - biogastechnik-sued.de
GPS Renewables, a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects, and its subsidiary Proweps, have entered into an exclusive partnership with Germany-based Biogastechnik Süd GmbH (BGTS) to introduce Advanced Paddle Agitators (mixers) under their brand Varibull to India. This partnership aims to improve operational efficiency of biogas plants and reduce costs for Indian CBG (Compressed Biogas) Developers.

Currently, most CBG developers use conventional agitators – mechanical devices that mix organic waste and water within anaerobic digester. These consume more power and are inefficient in handling high fibrous substrates like paddy straw or Napier grass often leading to operational challenges such as poor mixing, crust formation and deposits inside biogas digesters. These inefficiencies are addressed by the Varibull Paddle Agitator, developed by Biogastechnik Süd in Germany. It offers high mixing efficiency, better handling of difficult substrates and significantly lower power consumption.

GPS Renewables to Manufacture High-Efficiency Biogas Agitators in India Under Exclusive BGTS Partnership

The agitator will be manufactured at GPS Renewables’ facility in Bengaluru and it will be offered competitively than currently available conventional biogas equipment. The company also plans to explore exports from India to other markets as part of its larger goal of making advanced biogas technologies easily accessible.

Rajesh Ayyappasur, Director - Business Development & Partnerships at GPS Renewables, said, “At GPS Renewables, our focus has always been on introducing innovative technologies that can categorically address challenges in biogas production in India. We do this either through our in-house solutions or through collaborations with global experts. This partnership with Biogastechnik Süd Germany marks a significant milestone for us as we enter into a new product category with the introduction of paddle agitators. Biogastechnik Süd is a pioneer in biogas components, and their Varibull Paddle Agitator is one of the best-selling agitators worldwide, trusted for its durability, low maintenance, and efficiency.”

Mainak Chakraborty, CEO and Co-founder, GPS Renewables, said, “Many Indian CBG plants that rely on conventional agitators face crusting, sediment build-up, uneven mixing, higher power consumption, and frequent breakdowns—challenges that directly impact throughput and reliability. As India’s leading full-stack biofuel firm offering TEPC services and critical process equipment under the OptiMaxx brand, we are committed to solving these issues through global technology partnerships, in-house R&D, and strong execution on the ground. Proven paddle agitators like Varibull from BGTS are purpose-built for tough substrates and will enable efficient mixing, lower energy use, and reliable, low-maintenance operation for CBG developers.”

Gregor Maier, CEO of Biogastechnik Süd, said, “At Biogastechnik Süd, our mission has always been to deliver reliable, efficient and durable technologies that add long-term value to biogas operators worldwide. India is one of the most important growth markets for bioenergy, and we are proud to partner with GPS Renewables, whose strong execution capabilities and deep sector understanding make them the ideal partner for localizing our solutions. The integration of our Varibull Paddle Agitator will help Indian plants maximize performance, reduce downtime, and ensure sustainable operations over decades.”

Robert Ohneberg, International Sales Manager at Biogastechnik Süd, added, “Our products are designed to perform under the toughest operating conditions. Many biogas and CBG plants in India struggle with uneven mixing, sedimentation, and excessive energy consumption. With GPS Renewables, we are confident that we can address these challenges effectively. The Varibull Paddle Agitator has become one of the best-selling agitators worldwide for its robustness, minimal maintenance needs, and efficiency. By bringing it to India, we aim to support developers and operators in achieving higher process stability, greater gas yields, and reduced lifecycle costs.”

Through this partnership, GPS Renewables will distribute and integrate Biogastechnik Süd paddle agitator technology within its turnkey plant solutions and OptiMaxx equipment portfolio, offering Indian CBG developers a proven, future-ready mixing solution.

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

About Biogastechnik Süd GmbH

In 1999, Biogastechnik Süd’s founders Clemens and Gregor Maier created the Varibull paddle agitator to overcome crusting and poor mixing issues on their own farm. Today, Varibull is the world’s best-selling mixer, proven in thousands of installations. Over the years, BGTS has expanded into a full range of biogas solutions—including paddle agitators, screw presses, feeding systems, and other critical plant components—developed from practice, for practice. This farmer-driven innovation ensures durable, low-maintenance, and energy-efficient technologies that deliver sustainable success for CBG developers worldwide.

About proweps

proweps envirotec GmbH is a Germany based international active consulting and engineering company specialized in technologies to utilize organic waste and biomass for biogas, biomethane or BioCNG or BioLNG production. The company offers a wide range of engineering services that are necessary for the realization of turnkey treatment plants. This includes feasibility studies, design & engineering, project management, supervision of construction and commissioning Furthermore key process equipment or key technologies required for turnkey plants are delivered as pretreatment, pasteurization, digester systems are completely supplied on customer demand. Long time international experience is the key for many successful projects realized on the international waste and biomethane market.

GPS Renewables Appoints Ravikumar SV as CEO of Bharat GPS Bioenergy Pvt Ltd, a 50:50 JV between GPS Renewables and Bharat Petroleum

GPS Renewables Appoints Ravikumar SV as CEO of Bharat GPS Bioenergy Pvt Ltd, a 50:50 JV between GPS Renewables and Bharat Petroleum

GPS Renewables, the world’s largest biogas engineering company, has appointed Ravikumar SV as CEO of the newly incorporated Bharat GPS Bioenergy Private Limited(BGBPL), a joint venture between GPS Renewables and Bharat Petroleum Corporation Limited (BPCL), aimed at fast-tracking India's bioenergy transition.

With over 29 years of experience in the Oil and Gas industry, Mr. Ravikumar has deep expertise in project planning and execution. Prior to this appointment, he served as Senior Vice President heading Project Planning, Cost control & Billing, and Project Execution. In his new role, he will lead BGBPL’s mission to scale up biogas production and contribute towards India’s clean energy goals.

As part of the joint venture structure, GPS Renewables nominated Ravikumar SV as CEO of Bharat GPS Bioenergy Pvt Ltd, and his appointment was approved at the company’s first Board meeting on 2nd July.

Ravi holds a degree in Electrical and Electronics Engineering from College of Engineering Guindy, Anna University. He is known for his expertise in Program/ Project Management, Maintenance Management and Engineering Management, and has a proven track record of managing complex projects and maintenance programs.

Commenting on his appointment, Ravikumar SV, CEO, Bharat GPS Bioenergy Private Limited (BGBPL), said, “The joint venture between GPS Renewables and Bharat Petroleum will play a big role in scaling up biogas production in India. With over 8-12 projects planned in the initial phase, BGBPL aims to establish a robust compressed biogas (CBG) ecosystem across the country. I look forward to joining the team and leading our efforts to push India’s clean energy goals to the next level.”

Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, said, “Ravikumar’s in-depth experience in managing complex and large-scale projects will play a pivotal role in the seamless execution of the Joint Venture’s mandate to set up Compressed Biogas Plants across India. His strong understanding of the oil and gas sector has already given us invaluable insights and practical on-ground solutions. We look forward to working with him to make biofuels mainstream in India.”

About Bharat GPS Bioenergy Private Limited (BGBPL)

Bharat GPS Bioenergy Private Limited (BGBPL) is a joint venture between GPS Renewables and Bharat Petroleum Corporation Limited (BPCL) to establish Compressed Biogas (CBG) plants across India. This strategic alliance is a significant step towards advancing India’s energy transition and contributing to India’s Net Zero goals.

The joint venture will focus on converting organic Biomass waste into Compressed Biogas, a renewable and eco-friendly energy source. The Joint Venture plans to establish 8-12 plants in the initial phase at strategic locations pan India over the next few years, which offer significant agri biomass potential for CBG production and align with BPCL’s gas offtake infrastructure.

About GPSR (GPS Renewables) Group

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

GPSR has formed joint ventures with Indian Oil, Bharat Petroleum, and Oil India to build compressed biogas (CBG) plants across India. These plants will process agricultural and organic waste, reduce carbon emissions, and support the government’s SATAT initiative.

Devendra Singh Sehgal appointed as CEO of IGRPL, a JV Between IndianOil Corporation Limited & GPS Renewables

Devendra Singh Sehgal appointed as CEO of IGRPL, a JV Between IndianOil Corporation Limited & GPS Renewables
Devendra Singh Sehgal
IGRPL, a joint venture between IndianOil and GPS Renewables, focused on advancing India’s biofuels sector and accelerating the country’s transition to sustainable energy, has appointed Devendra Singh Sehgal as its Chief Executive Officer. With nearly four decades of experience in large-scale infrastructure and petrochemical projects, Mr. Devendra Singh Sehgal will lead key initiatives to scale biofuel projects and meet India’s growing demand for sustainable energy sources.

A Civil Engineer from NIT Surat and MBA from Guwahati University, Mr. Sehgal brings 39 years of industry experience and has led Indian Oil Corporation’s Mega Refinery and Petrochemical Projects. He served as Director on the Board of Hindustan Urvarak & Rasayan Limited, overseeing major fertilizer plants. His expertise spans the entire project lifecycle, from conceptualization to commissioning, with contributions to projects like Panipat Refinery, Mathura Refinery, Paradip Petrochemical Project, and Panipat Naphtha Cracker Project. His leadership in strategic planning, project execution, and cost optimization has enhanced efficiency and innovation. Prior to joining IGRPL, Mr Sehgal served as Executive Director at IndianOil.

Commenting on his appointment, Devendra Singh Sehgal, CEO, IGRPL (IndianOil and GPS Renewables Private Limited), said, “ The joint venture between GPS Renewables and IndianOil is a landmark step towards enhancing India’s bio-economy. This new venture holds immense potential to support India’s ambition of setting up 5,000 CBG plants. I am excited to join the team and lead their initiative to accelerate India’s transition towards clean energy.”

Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, said, “Mr. Sehgal’s four-decade-long experience in the oil industry will be a tremendous value addition to IGRPL. Our foremost aim through this joint venture is to promote energy security nationwide, and to achieve this, we have aggressively charted out a plan to build a nationwide network of CBG plants that will significantly reduce our dependence on fossil fuels and lower greenhouse gas emissions. Devendra Singh Sehgal will play a key role in leading this initiative and his expertise in the sector will help us realize our vision of driving large-scale adoption biofuels in India

About IGRPL

IGRPL is a 50:50 Joint Venture by IndianOil and Arya established in 2024. The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels. By leveraging their combined expertise, IndianOil and Arya aim to accelerate the deployment of CBG plants nationwide. These initiatives complement IndianOil’s long-term low-carbon development strategy and to achieve operational net zero by 2046, which will also help achieve net-zero target by 2070 for our Country. CBG offers numerous benefits to India and the environment. For the country, it promotes energy security by reducing dependence on imported fossil fuels and supports the rural economy by creating local employment opportunities.

About IndianOil

IndianOil, a leader in the global energy sector and ranked 116th on the Fortune Global 500 list, is driving India's transition to cleaner and greener energy with a strong focus on sustainability. The company has set an ambitious target of achieving operational Net-Zero Emissions by 2046, aligning with India's national goal of Net-Zero by 2070. Alongside its green energy focus, IndianOil remains a major player in the oil and gas industry, operating a refining capacity of 70.25 million metric tonnes per annum (MMTPA) and an extensive pipeline network stretching nearly 20,000 kilometers.

IndianOil processes over 1.6 million barrels of crude oil daily and operates more than 61,000 customer touchpoints, including 37,500+ fuel stations. The company also serves over 150 million LPG customers and is a leader in the petrochemicals and lubricants segments. At the forefront of hydrogen mobility,biofuels, and electric vehicle infrastructure, IndianOil has installed over 10,028 EV charging stations across India, along with battery swapping services at key locations. As a promoter of the Government's SATAT initiative, IndianOil is advancing Compressed Biogas (CBG) under its "IndiGreen" brand. Additionally, the company has expanded its ethanol initiatives, launching E20 fuel at more than 5,700 outlets and Ethanol 100 fuel at 400 locations. IndianOil’s innovative solar cooktop, ‘Surya Nutan,’ is further proof of its commitment to clean energy, with plans to deploy 350 units in Madhya Pradesh. Beyond its core businesses, IndianOil remains dedicated to environmental sustainability, investing over Rs 457 crore in CSR projects focused on healthcare, education, skill development, and women empowerment. As IndianOil leads the charge towards a greener future, it continues to power the nation’s progress while expanding its presence in international.

About GPS Renewables

Headquartered in Bengaluru, GPS Renewables (“GPSR”) is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPSR has scaled up to set up some of the world’s largest RNG plants. In 2022, GPS Renewables launched GPSR Arya Pvt Ltd (“ARYA”) a wholly-owned subsidiary, to commission BOO (Build-Own-Operate) projects, augmenting its climate impact ambitions.

IndianOil and GPS Renewables Form Joint Venture for Sustainable Energy Solutions

IndianOil and GPS Renewables Form Joint Venture for Sustainable Energy Solutions

In a landmark step towards fostering sustainable energy solutions in India, IndianOil, the ‘Energy of India’, has entered into a Joint Venture Agreement with GPS Renewables Private Limited, one of the leading biofuels Companies in the country. This association will pave the way for the formation of a 50:50 joint venture company dedicated to advancing biofuel adoption across the country.

The agreement was signed by Mr Mainak Chakraborty, CEO & Co-Founder, GPS Renewables Pvt Ltd. and Mr Santanu Gupta, ED (Alternative Energy), IndianOil in the presence of IndianOil dignitaries Mr Sujoy Choudhury, Director (P&BD), Mr Senthil Kumar N., Director (Pipelines) with Addl. Charge of Director (Refineries) and Mr Alok Sharma, Director (R&D). Mr. V Subramaniam, Chairman of GPS Renewables was also present besides other senior officials from both the organizations.

The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels. By leveraging their combined expertise, IndianOil and GPS Renewables aim to accelerate the deployment of CBG plants nationwide. These initiatives complement IndianOil’s long-term low-carbon development strategy and to achieve operational net zero by 2046, which will also help achieve net-zero target by 2070 for our Country. CBG offers numerous benefits to India and the environment. For the country, it promotes energy security by reducing dependence on imported fossil fuels and supports the rural economy by creating local employment opportunities.

IndianOil is a diversified, integrated energy major with business interests encompassing the entire hydrocarbon value chain - from refining, pipeline transportation & marketing to exploration & production of crude oil & gas, petrochemicals, and alternative energy sources. IndianOil is relentlessly working on green energy pathways to catalyse India’s green transition, including emission mitigation, energy efficiency, fuel replacement and renewable energy projects.

GPS Renewables is a full-stack biofuels firm offering technology and project solutions for climate-positive biofuel projects. Starting from captive biogas plants, GPS Renewables has scaled up to set up some of the world’s largest CBG plants, including the flagship 15 TPD CBG Plant in Indore, Madhya Pradesh.

GPS Renewables Launches ‘ARYA’, a Platform for Climate-Positive Projects

GPS Renewables Launches ‘ARYA’, a Platform for Climate-Positive Projects

GPSR Arya is aimed at solving for India’s Net zero Goal and it will focus on biofuels and industrial decarbonization projects

GPS Renewables(GPSR), a Bengaluru-based bioenergy technology firm, has launched ARYA, a climate infrastructure platform focused on sustainable biofuels and industrial decarbonization projects. Founded with an aim to help India achieve its Net Zero target, Arya will incubate, develop, and operate climate-positive projects, with GPS Renewables as the execution partner.

India is the third-largest emitter of carbon dioxide globally despite having low per-capita emissions. A report by McKinsey Sustainability indicates that six industries—power, steel, automotive, aviation, cement, and agriculture—are responsible for the majority (about 70%) of these emissions. At COP26, India pledged to meet 50% of its energy needs from non-fossil sources and set a goal of reaching Net Zero by 2070. In order to meet this goal, environmental projects need to be prioritised and accelerated.

GPSR Arya will also prioritise projects that focus on managing stubble by using it as biofuel. Every year, Punjab and Haryana generate 27 million tonnes of paddy straw of which 75% is non-basmati variety. This majority straw is rich in silica and not suitable for cattle feed and this is a primary driver for stubble burning. For the last several years, stubble burning has been one of the primary reasons for air pollution in Delhi and surrounding areas. Using non-basmati paddy straw as a source for biofuel will reduce the stubble burning and encourage its use as a valuable resource.

Commenting on the new launch, Mohit Gupta, COO of GPSR Arya said, “ There is an urgent need to reduce India’s dependence on oil imports, and biofuels can play a significant role in this effort. At GPS Renewables, we are focused on building solutions that can accelerate climate-positive projects. GPSR Arya is a step in that direction. Arya will invest in projects which have a clear GHG mitigation potential. For the first set of projects under execution, we are setting up two Paddy Straw to CBG(compressed biogas) plants in the state of Haryana. We plan to introduce many more similar initiatives that can help India transition towards net zero emissions”

Nipun OS, Chief Sustainability Officer, GPS Renewables, said, “Corporate clients and industries are working on their decarbonisation plans but they need a credible partner with climate technology capability in assisting them to choose the right emission mitigation strategies to net zero. For industrial decarbonization, replacement of fossil fuels, including natural gas, is an important aspect and ARYA is working with clients to enable this transition.”

ARYA is inspired from Aryabhatta, the Indian mathematician and astronomer, widely regarded as the inventor of Zero as well as the name of India’s first satellite. Therefore, combining the mission of Net Zero with modern technology.
  • GPS Arya will cater to the following types of project
  • BioCNG / CBG (compressed biogas) projects based on feedstocks such as MSW (Municipal solid waste), paddy straw, press mud cake and bagasse (residues from sugarcane production).
  • 1G ethanol and biorefinery projects based on damaged grains (and other non-food competing feedstocks)
  • 2G ethanol projects based on agro residues.
  • Industrial decarbonisation projects.

For more details, visit, https://arya.eco/

About GPS Renewables

GPS Renewables is a Series B funded cleantech company headquartered in Bangalore. The company focuses on biofuel technologies to solve the organic waste management challenge, accelerate substitution of fossil fuel with bioenergy and play a key role in mitigating climate change. Starting from captive biogas plants, GPS has scaled up to set up some of the world’s largest BioCNG plants, including Indore city’s recently commissioned 500TPD BioCNG plant.


For more information: http://gpsrenewables.com/


Introducing ClimBridge – A B2B Marketplace Exclusively for Sustainable Climate Solutions

Introducing ClimBridge – A B2B Marketplace for Sustainable Climate Solutions

ClimBridge is a curated marketplace that offers a wide range of sustainability products and solutions. 

GPS Renewables, a Bengaluru-based bioenergy technology firm, has launched ClimBridge, a curated B2B marketplace exclusively for sustainable climate solutions. ClimBridge aims to help businesses discover products and solutions that can cater to their climate needs.

ClimBridge is a one-stop discovery platform that provides solutions that cover the whole range of UN Sustainable Development Goals (SDGs) and climate-related themes. From air quality products to waste-to-energy solutions, the platform offers an array of solutions that help address climate change, and speed up sustainability and climate solution adoption.

Introducing ClimBridge – A B2B Marketplace for Sustainable Climate Solutions

Each product listed on ClimBridge is carefully vetted and selected by a team of multi-domain industry veterans. The products are rigorously evaluated to ensure effective and quality listings. Furthermore, the marketplace also helps businesses save on time and effort, which would otherwise be spent on product discovery, trial, and error. Additionally, ClimBridge has put together a dedicated team of climate enthusiasts who can handhold businesses through the entire sales process and beyond.

Commenting on the ClimBridge, Mainak Chakraborty, Founder and CEO, GPS Renewables, said, “Businesses across India have been grappling with the effects of climate change and it's been a huge challenge for them to find trustworthy solutions to address this. The entire process of discovering credible, trustworthy, and viable sustainability products is cumbersome and time-consuming. With ClimBridge, we want to address this issue and create a seamless platform for businesses to easily discover climate solutions that are carefully evaluated and verified by industry experts”. 

Nipun OS, Chief Sustainability Officer, GPS Renewables, said, “India has committed to achieving SDG Goals by 2030. To further strengthen India’s commitment, we need strong collaboration between the public and private sectors and from other key stakeholders involved. We need an approach where governments, industry bodies, and other entities can work together towards meeting the SDG Goals. As a climate first company, our objective at GPS Renewables is to drive sustainability at scale. With ClimBridge, we aim to help responsible and climate-conscious corporates accelerate their climate adoption.”

Commenting on the new platform, Varun Karad, Chief Business Officer, GPS Renewables, said, “We are thrilled to launch a new digital platform that can help businesses effectively realise their climate goals. With ClimBridge, we are bringing the highly fragmented sustainability market under one umbrella. It's a digital platform for discovering high-tech climate solutions. We offer end to end solutions and our sales process is aided by a dedicated channel network. Furthermore, we also cater to customised requirements of businesses."

For more details, visit, https://climbridge.in/


GPS Renewables Partners with YourDOST for mHSE (Mental & Physical Health, Safety and Environment)

GPS Renewables Partners with YourDOST for mHSE (Mental & Physical Health, Safety and Environment)

This initiative by GPS Renewables aims to go beyond HSE (Health, Safety and Environment) and focus on holistic mental and physical well-being of their staff via a new concept called mHSE (Mental & Physical Health, Safety and Environment)

In a one-of-its-kind initiative in the EPC Sector (Engineering, Procurement, Construction), GPS Renewables, a Bengaluru based biofuels technology and EPC firm, has partnered with YourDOST, to promote employee mental well-being and prioritise holistic health. As part of this effort, GPS employees will have access to unlimited counselling sessions as well as regular mental health awareness sessions at project sites.

GPS Renewables is a leading Bio-Energy company with specific focus on biofuels ranging from Biogas, BioCNG, Ethanol and Green Hydrogen. In line with their vision to become the world's leading Bioenergy project developer, GPS builds biofuel infrastructure at scale.

Through this partnership with YourDOST, GPS Renewables will undertake a number of mental well-being initiatives that include the following

Online sessions to highlight the importance of mHSE (Mental & Physical Health, Safety and Environment): Regular sessions will be conducted by YourDOST to sensitise staff on how mental well-being plays a huge role in the overall health of an individual.

Awareness programs at project sites: Sessions will be held with contractual labourers and other on-ground staff on the importance of seeking help and encouraging them to have open conversations around their mental health
  • Unlimited counselling sessions: Detailed counselling sessions will be made available for all employees and their dependants.
  • Employee Checkins: Regular employee engagement and checkins to ensure their emotional wellbeing at GPS
  • Monthly activities: YourDOST will host monthly sessions revolving around building awareness about managing work-related stress and how it can impact mental and physical well-being.
Commenting on the initiative, Rukmani Kapoor, Chief of Staff, GPS Renewables, said, “ At GPS Renewables, we don't just focus on building a great business. We want to focus on building lives with the right mindset. We believe that conversations around mental health should not just be limited to people who work in tech companies or those that put in long hours in front of their laptops. In a typical EPC company today, the culture is generally characterised by complete focus on only work at hand, with no necessary employee engagement or initiatives that focus on the emotional health of an employee. This initiative is a step towards changing that narrative. Our aim is to go beyond just ensuring HSE (Health, Safety and Environment) and focus on mHSE (Mental & Physical Health, Safety and Environment).”

Commenting on the initiative, Ms. Richa Singh, CEO & Co-Founder, YourDOST, said, “We are thrilled to work with GPS Renewables and support them in their effort to promote mental wellness at the workplace. At YourDOST, we believe that mental health has a direct impact on an individual’s professional, personal, and financial domain. It’s important to take active steps to balance the four quadrants of life-Personal, Professional Life, Financial Independence, and Social Life. We hope that many more companies like GPS will come forward to actively promote mental well-being in sectors beyond technology.”

About GPS Renewables

GPS Renewables is a Series B funded cleantech company headquartered in Bangalore. The company focuses on biofuel technologies to solve the organic waste management challenge, accelerate substitution of fossil fuel with bioenergy and play a key role in mitigating climate change. Starting from captive biogas plants, GPS has scaled up to setup some of the world’s largest BioCNG plants, including Indore city’s recently commissioned 500TPD BioCNG plant.

Bengaluru-based BuoFuel Tech Firm GPS Renewables Receives Patent for Its Decentralised Distributed Biogas Model

GPS Renewables strengthens IP Portfolio; receives patent for its Decentralised Distributed Biogas model

GPS Renewables, a Bengaluru based biofuels technology and EPC firm, has received a patent from Intellectual Property India for its Decentralised Distributed Biogas model (DISPRED model).

GPS Renewables’ DISPRED model which stands for DIStributedPREDigestion is a 100% decentralized model. It enables the direct many-to-one or many-to-many mapping of Waste Generators to Bulk Energy Users in a completely B2B way.

GPS Renewables Receives Patent for Its Decentralised Distributed Biogas Model
GPS- DISPRED MODEL

GPS’ unique proprietary model bypasses the standard global approach of transporting food waste to a centralised location, processing it, and then bottling and delivering it to energy users. Transportation of waste accounts for 60-70 percent of waste management costs. By adopting the DISPRED Model, the cost of transportation as well as the distance of transport greatly reduces.

The DISPRED model includes:

  • Pre-digestor: The Pre-digestor is an ultra-compact Liquid Anaerobic Composter (LAC) that processes and converts food waste at source into a stable pre-digestate, which does not release any biogas. It can be set up in basements or terraces of apartment communities and requires merely 200 sq ft of space for 1 ton waste. The LAC is located at the waste generator’s premises or other designated area near the waste generator. In waste management, about 60-70% of expenses are in transportation of waste. But the slurry from the predigestor needs to be collected once in 4 - 5 days, thus reducing the transportation cost of transportation costs
  • Gas Generation Unit: The second component of the model is the Gas Generation Unit(GGU) that processes the pre-digestate (slurry) produced by Liquid Anaerobic Composter (LAC). The slurry, which is essentially fuel, can be easily transported in tankers, without creating a mess. Hence, the GGU can be set up anywhere, where there is space available and there's a need for large volumes of LPG/PNG.
  • Scheduler: A scheduler tracks every Liquid Anaerobic Composter and communicates the number of tons of pre-digestate to be picked up from each unit to the pre-digestate carrier. The collection can be done on a predetermined route increasing the overall efficiency.
Designed for apartment communities and housing societies, the DISPRED model is easy to manage and operate. The biogas generated from the ‘Gas Generation Unit’ can replace LPG/CNG, thus generating revenues. The DISPRED Model allows maximum resource utilisation of the food waste and ensures segregation at source Since the processing of food waste starts early, it has the highest possible biogas productivity potential. Furthermore, since the biogas is generated near the point of usage, no additional resources are wasted in bottling and transportation of biogas.

Commenting on this, Sreekrishna Sankar, COO and Co-Founder, GPS Renewables, said, “Rapid urbanisation and a burgeoning population have led to an exponential increase in the generation of municipal solid waste (MSW). GPS Renewables’ DISPRED Model has been designed to remove all the challenges that are usually seen in the standard centralised model of waste collection and treatment.”

“ There are no two ways about the fact that the future is all about sustainability and renewable energy. Biogas generation from food waste diverts the entire food waste from landfills. Thus, avoiding the harmful impact of poorly managed waste. Moreover, the biogas generated replaces usage of fossil fuel, thus further contributing to the mitigation of GreenHouse Gases.” he added.

About GPS Renewables

GPS Renewables is a Series B funded cleantech company headquartered in Bangalore. The company focuses on biofuel technologies to solve the organic waste management challenge, accelerate substitution of fossil fuel with bioenergy and play a key role in mitigating climate change. Starting from captive biogas plants, GPS has scaled up to setup some of the world’s largest BioCNG plants, including Indore city’s recently commissioned 500TPD BioCNG plant.

For more information: http://www.gpsrenewables.com/

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