The agreement was signed by Dr. Santanu Gupta, Executive Director (Alternative Energy), IndianOil and Mr. Mahesh Girdhar, MD & CEO of EverEnviro in the presence of IndianOil dignitaries Mr. N Senthil Kumar, Director (Pipelines) holding additional charge of Director (P&BD), Mr. Alok Sharma, Director (R&D) and Mr. Arvind Kumar, Director (Refineries).   Mr. Pravin Dongre, ED (Sustainable Development), IndianOil and Mr. Deepak Agarwal, ED, EverEnviro were 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 EverEnviro aim to accelerate the deployment of CBG plants nationwide.

These initiatives complement IndianOil’s long-term low-carbon development strategy and achievement of operational Net Zero goal by 2046, which will also help in achieving the Net-Zero target for India by the year 2070. 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.

The post IndianOil and EverEnviro Resource Management Pvt. Ltd. to form Joint Venture for Sustainable Energy Solutions appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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, Indian Oil, and GPS Renewables aim to accelerate the deployment of CBG plants nationwide.

These initiatives complement IndianOil’s long-term low-carbon development strategy and achieve operational net zero by 2046, which will also help to achieve a 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.

The post Indian Oil form Joint Venture for Sustainable Energy Solutions appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.