Indian Oil Corporation (IOC) and North Delhi Municipal Corporation (NDMC) have signed a Memorandum of Understanding (MoU) for development of integrated waste-to-energy facilities at NDMC's landfill site at Ranikhera in Narela, New Delhi.
As part of the MoU, IndianOil shall facilitate NDMC for identification of a concessionaire for setting up of an Integrated Waste to Energy Plant at Ranikhera in Narela. The plant would process Municipal Solid Waste (MSW) and organic waste of NDMC for producing Compressed Biogas (CBG), recycling plastics, Refuse Derived Fuel (RDF) for producing plastic or syngas and its downstream products, plastics recycling, etc.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
