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Oil India’s arm signs MoUs with four municipalities of Haryana

31 Aug 2026 Evaluate

Oil India’s wholly owned subsidiary -- Oil Green Energy (OGEL) has signed Memoranda of Understanding (MoUs) with four Municipalities of Haryana - Gurugram, Faridabad, Hisar and Ambala - for development of Integrated CBG and waste-to-energy projects across the respective clusters. The four projects are proposed across the Hisar (500 TPD), Ambala (900 TPD), Faridabad (1,600 TPD) and Gurugram (2,000 TPD) clusters. Together, the facilities will have the capacity to scientifically process 5,000 tonnes of municipal solid waste per day and are expected to produce 70-75 TPD of Compressed Biogas (CBG) along with 50 MW of green power.

The projects envisage an integrated waste processing and resource-recovery approach, wherein municipal solid waste will undergo scientific pre-processing and segregation to maximise resource recovery. Recyclable material will be recovered, the wet and biodegradable fraction will be utilised for production of CBG, while only the nonrecyclable dry fraction will be utilised for generation of electricity through Waste-to-Energy facilities.

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

481.20 -2.25 (-0.47%)
31-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 232.00
Oil India 481.20
Jindal Drilling&Inds 621.50
Deep Industries 690.95
Asian Energy Service 471.90
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