
MoU30 Aug 2026, 09:30 am
Oil India Subsidiary Signs 4 Waste-to-Energy MoUs in Haryana
AI Summary
OIL Green Energy Limited (OGEL), a wholly owned subsidiary of Oil India Limited (OIL), has signed Memoranda of Understanding (MoUs) with four Municipalities in Haryana: Gurugram, Faridabad, Hisar, and Ambala. These MoUs are for the development of four Integrated Waste-to-Clean-Energy Projects. The projects aim to process 5,000 tonnes of municipal solid waste daily, producing approximately 70-75 TPD of Compressed Biogas (CBG) and 50 MW of green power. This initiative aligns with Haryana's waste management goals and India's Waste-to-Wealth and circular economy objectives, supporting OIL's expansion into low-carbon energy solutions.
Key Highlights
- OIL subsidiary signs four MoUs for waste-to-energy projects in Haryana.
- Projects to process 5,000 TPD waste, generating CBG and green power.
- Aims to enhance resource recovery and reduce landfill dependence.
- Supports OIL's low-carbon energy portfolio expansion.
- Aligns with national circular economy and clean energy transition goals.
Price Impact
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