OIL Subsidiary Signs MoUs for 4 Waste-to-Energy Projects in Haryana
OIL Green Energy Limited (OGEL), a subsidiary of Oil India Limited (OIL), signed MoUs with four Haryana municipalities for four integrated Waste-to-Clean-Energy projects. These projects will process 5,000 TPD of municipal solid waste, producing 70–75 TPD of CBG and 50 MW of green power. This initiative aligns with national clean energy goals.
The MoUs represent a strategic expansion into renewable energy projects, which could have a medium-term impact on the company's diversification and future revenue streams. The scale of the projects is substantial but the full financial impact will depend on successful execution.
The announcement details significant new projects in the renewable energy sector through a subsidiary, indicating expansion and alignment with national clean energy objectives, which is a positive development for the company.
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 agreements are for the development of integrated Compressed Biogas (CBG) and Waste-to-Energy projects across these clusters.
The MoUs were signed in the presence of the Hon'ble Chief Minister of Haryana, Shri Nayab Singh Saini, along with other dignitaries. The proposed projects are located in the Hisar (500 TPD), Ambala (900 TPD), Faridabad (1,600 TPD), and Gurugram (2,000 TPD) clusters. Collectively, these facilities are designed to process 5,000 tonnes of municipal solid waste daily, with an expected output of 70–75 TPD of CBG and 50 MW of green power.
The projects will implement an integrated waste processing and resource-recovery strategy. This involves scientific pre-processing and segregation of municipal solid waste to maximize resource recovery. Recyclable materials will be separated, the biodegradable fraction will be used for CBG production, and the non-recyclable fraction will be used for electricity generation through Waste-to-Energy facilities.
This initiative aims to enhance resource recovery, optimize energy generation from non-recyclable waste, reduce landfill dependence, and convert waste into valuable clean energy. It supports Haryana's sustainable waste management goals and aligns with national objectives like Waste-to-Wealth, circular economy, and clean energy transition, including the Government of India’s GOBARdhan – National Circular Bioenergy Scheme 2026.
For OIL, this collaboration represents a significant step in expanding its low-carbon energy portfolio through OGEL and advancing integrated waste-to-clean-energy solutions at scale.
A plain-language summary of a public exchange filing by Oil India Limited. Read the original for the full detail.