By: ICN Bureau
Last updated : May 28, 2026 10:01 am
The partnership will lead to the creation of a 50:50 joint venture company focused on compressed biogas
In a significant step toward India’s clean energy transition, OIL Green Energy Ltd. (OGEL) and Hindustan Waste Treatment Pvt. Ltd. (HWT) have signed a Joint Venture agreement to develop bioenergy and sustainable waste management projects across the country.
The partnership will lead to the creation of a 50:50 joint venture company focused on compressed biogas (CBG), waste-to-energy systems, and other resource recovery infrastructure aligned with India’s circular economy and energy transition goals.
OGEL, a wholly owned subsidiary of Oil India Limited, brings the backing of one of India’s leading Maharatna public sector energy companies. The parent firm, under the Ministry of Petroleum & Natural Gas, has long been active across the hydrocarbon value chain and is expanding into renewable and green energy sectors.
“OGEL has been established to drive OIL’s strategic initiatives in renewable and green energy sectors, including CBG and other emerging clean energy opportunities.”
HWT, a subsidiary of SFC Environmental Technologies Ltd., is positioned as a technology-driven player in India’s biogas sector, with experience spanning design, engineering, construction, commissioning, and operations of municipal solid waste-based bioenergy projects.
The company has operated a municipal solid waste-based biogas facility in North Goa for over a decade, demonstrating long-term deployment of advanced global technologies under Indian conditions. Its parent company also has a strong footprint in wastewater treatment and water reuse solutions.
The new joint venture will explore opportunities in CBG, integrated waste-to-energy systems, and sustainable resource recovery projects across suitable locations in India.
“The proposed joint venture will explore opportunities in CBG, integrated waste-to-energy and sustainable resource recovery projects across suitable geographies in India.”
Both organisations said the collaboration is aimed at strengthening India’s vision of Atmanirbharta and energy self-reliance by combining OGEL’s institutional strength with HWT’s operational and technological expertise.