HomeRenewable energy ›OGEL, HWT Sign JV Agreement to Develop CBG and Waste-to-Energy Projects in India

OGEL, HWT Sign JV Agreement to Develop CBG and Waste-to-Energy Projects in India

OIL Green Energy and Hindustan Waste Treatment have signed a joint venture agreement to jointly develop compressed biogas, waste-to-energy and sustainable waste management projects across India.

May 28, 2026. By Mrinmoy Dey

OIL Green Energy (OGEL), a wholly-owned subsidiary of Oil India (OIL), and Hindustan Waste Treatment (HWT), a wholly-owned subsidiary of SFC Environmental Technologies, have signed a Joint Venture Agreement (JVA) to collaborate in the development of integrated bioenergy and sustainable waste management projects in India.
 
The partnership envisages the formation of a 50:50 joint venture company to pursue opportunities in compressed biogas (CBG), waste-to-energy and allied sustainable infrastructure projects aligned with India's clean energy transition and circular economy objectives, OIL India said in a statement.
 
OIL is a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum & Natural Gas and one of India's leading integrated energy companies. With a strong presence across the hydrocarbon value chain encompassing exploration, production and transportation of crude oil and natural gas, OIL is also steadily advancing its presence in renewable and green energy domains in alignment with India's evolving energy transition agenda, stated the company.
 
It further added that OGEL has been established to drive OIL's strategic initiatives in renewable and green energy sectors, including CBG and other emerging clean energy opportunities.
 
Hindustan Waste Treatment is a technology-driven company in the biogas sector with expertise across design, engineering, construction, commissioning, operations and maintenance of municipal solid waste-based bioenergy projects. The company is among the select few players in India to have successfully adapted, deployed and operated advanced global technologies under Indian conditions, including a state-of-the-art municipal solid waste-based biogas plant in North Goa that has been operating successfully for over a decade, stated the company.
 
The proposed joint venture will explore opportunities in CBG, integrated waste-to-energy and sustainable resource recovery projects across suitable geographies in India.
 
The partnership seeks to combine OGEL's institutional strength and strategic energy sector experience with HWT's proven technological and operational capabilities in the municipal solid waste-based bioenergy sector to support the development of scalable and sustainable clean energy solutions in India.
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