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Oil India signs MoU with MCD to establish compressed bio-gas plants in Delhi

30 Jul 2026 Evaluate

Oil India (OIL) has signed a memorandum of understanding (MoU) with the Municipal Corporation of Delhi (MCD) for the establishment of Compressed Bio-Gas (CBG) plant(s) based on Segregated Organic Municipal Solid Waste in Delhi.

The MoU establishes a framework for cooperation between the company and MCD to facilitate the development of CBG plants. Initially to take this forward two CBG plants of the capacity 500 TPD and 300 TPD respectively utilizing segregated organic municipal solid waste generated within Delhi are being planned. These plants will produce 30 to 32 TPD of Compressed Biogas.

The initiative aims to convert biodegradable waste into renewable green fuel, thereby reducing landfill dependency, improving urban sanitation, lowering greenhouse gas emissions, and supporting the Government of India’s energy transition and circular economy objectives. The partnership reinforces the company’s commitment to expanding its waste to energy portfolio and contributing to the national objectives of Swachh Bharat Mission, SATAT, and Net Zero through the deployment of sustainable and environmentally responsible energy infrastructure.

Oil India is engaged in exploration, development and production of crude oil, natural gas, LPG and condensate and providing services such as pipeline transportation and generation of renewable energy.

Oil India Share Price

441.00 -5.40 (-1.21%)
07-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 237.65
Oil India 441.00
Jindal Drilling&Inds 635.90
Deep Industries 638.30
Asian Energy Service 409.40
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