Category: Company news

Company news
Organic Recycling Systems reports on FY 2024

Organic Recycling Systems reports on FY 2024

India-based company waste management company Organic Recycling Systems Limited (ORSL) has published its figures for the financial year 2024. Revenue amounted to INR 274.87 million (EUR 3.04 million), compared to INR 247.19 million (EUR 2.73…

Company news
Adani Total Gas publishes financial results for Q4/2024

Adani Total Gas publishes financial results for Q4/2024

Indian gas company Adani Total Gas has published its financial results for Q4 of FY 2024. The company’s net profit increased by 71.6% to INR 1.68 billion (EUR 18.8 million), compared to INR 979 million…

Company news
GPS Renewables raises funding for biogas expansion

GPS Renewables raises funding for biogas expansion

Indian cleantech start-up GPS Renewables has raised USD 50 million (EUR 46.6 million) in a debt financing round from banks and other companies. According to the source, the capital will partly be used for nationwide…

Company news
Sabic and Pashupati partner on plastic recycling

Sabic and Pashupati partner on plastic recycling

Chemical company Sabic has signed an LoI with Indian plastics recycler Pashupati Group. The LoI reportedly aims to develop plastic recycling opportunities in India. As part of the agreement, Pashupati is to provide its mechanical…

Company news
Companies form MoUs with Hitachi Zosen India and AG Enviro

Companies form MoUs with Hitachi Zosen India and AG Enviro

India-based infrastructure companies VishnuSurya Projects and Infra Limited (VSIL) have announced several MoUs with Hitachi Zosen India Private Limited and waste managing company AG Enviro Infra Projects Private Limited. The partnership’s first proposal is for…

Company news
EverEnviro signs MoU with Bajaj Sugar

EverEnviro signs MoU with Bajaj Sugar

Environmental services company EverEnviro Resource Management Pvt. Ltd. has signed a memorandum of understanding (MoU) with Bajaj Hindustan Sugar Limited, a sugar and ethanol manufacturing company. Through this MoU, the companies aim to establish CBG…

Company news
MoU concluded between Oil India Ltd. and GMC

MoU concluded between Oil India Ltd. and GMC

A memorandum of understanding (MoU) was signed between Duliajan-based company Oil India ltd. and Guwahati Municipal Corporation (GMC). The MoU includes the transformation from organic waste into CBG. The companies intend to produce clean energy…

Company news
Indian Oil forms new JVs for biogas development

Indian Oil forms new JVs for biogas development

Indian Oil Corporation has recently decided to form joint ventures with EverEnviro Resource Management Pvt Ltd and GPS Renewables Pvt Ltd, in which each party will have a 50% stake. Approvals from the NITI Aayog…

Company news
Maruti Suzuki plans new biogas plants for factories

Maruti Suzuki plans new biogas plants for factories

Automobile company Maruti Suzuki India Limited (MSIL) has announced plans to set up biogas plants at all its factories, including sites in Manesar, Gurgaon, Gujarat, and Kharkoda. As stated in the report, in Gujarat, the…

Company news
Adani and Reliance to build 10 CBG plants across India

Adani and Reliance to build 10 CBG plants across India

Indian gas company Adani Total Gas and multinational conglomerate company Reliance industry have reached an agreement for the construction of 10 CBG plants across India. The companies intend to build five plants within the following…

Company news
New e-waste management initiative begins in Kolkata

New e-waste management initiative begins in Kolkata

Circular Kolkata Alliance has launched ‘Circular on Wheel’, a battery-operated cart that collects e-waste from doorsteps in Kolkata and recycles them at designated material recovery facilities for segregation. The initiative aims to promote circular economy…

Company news
Mahanagar Gas to enter CBG market

Mahanagar Gas to enter CBG market

India-based natural gas distribution company Mahanagar Gas Ltd (MGL) plans to expand its business activities to compressed biogas (CBG). Also, the company reportedly wants to invest in the electric vehicle market and in liquified natural…

Company news
Urbaser Sumeet to manage waste at Chennai stadium during IPL

Urbaser Sumeet to manage waste at Chennai stadium during IPL

Waste management company Urbaser Sumeet has partnered with the M A Chidambaram Stadium and Tamil Nadu Cricket Association (TNCA) to manage waste during this year’s IPL. Waste will be sorted at source and from designated…

Company news
WtE producer SAEL raises Rs 1,325 cr from bond issue

WtE producer SAEL raises Rs 1,325 cr from bond issue

Waste-to-energy producer SAEL has raised INR 1,325 crore ($177m) by issuing AA-rated bonds to institutional investors such as Tata Cleantech Capital, Kotak Infra Debt, Aseem Infrastructure Finance, and India Infradebt. The bonds, which have a…

Company news
Indian Oil Corporation’s 2050 RES plan

Indian Oil Corporation’s 2050 RES plan

State-run Indian Oil Corporation Ltd. (IOCL) has announced its strategic investment plan for the year 2050. As further stated in the report, the company wants to invest INR 5,000 billion (EUR 56.06 billion) in RES.…

Company news
NEPRA to open an integrated waste facility in Bengaluru

NEPRA to open an integrated waste facility in Bengaluru

NEPRA will open an integrated waste management facility in Bengaluru’s Electronic City in association with ELCITA-Electronics City Industrial Township Authority  Paving a sustainable path for Electronic City with an end-to-end system for the collection and sustainable disposal of waste through a specialized Material Recovery…

Company news
MAHAPREIT and TTCWMA sign MOU for a Centre for Waste Excellence in Navi Mumbai

MAHAPREIT and TTCWMA sign MOU for a Centre for Waste Excellence in Navi Mumbai

Mahatma Phule Renewable Energy and Infrastructure Ltd (MAHAPREIT), a subsidiary of Mahatma Phule Backward Class Development Corporation, Ministry of Social Justice, Govt. of Maharashtra, signed a Memorandum of Agreement (MoU) with Trans Thane Creek Waste…

Company news
Recykal features in Financial Times’ High Growth Companies list

Recykal features in Financial Times’ High Growth Companies list

For the first time, an Indian waste management company, Recykal, has made it to the list of Financial Times’ Top 500 High-Growth Companies Asia Pacific 2023. Hyderabad-based Recykal was ranked number 6 on the list.…

Company news
Kia and IPCA join hands to fight plastic waste

Kia and IPCA join hands to fight plastic waste

Kia India has launched a plastic waste management program in association with the India Pollution Control Association (IPCA). The goal is to instill a sense of social responsibility among people so that efficient material recovery…

Company news
Clearing up Ahmedabad’s Pirana landfill…

Clearing up Ahmedabad’s Pirana landfill…

Two companies in Ahmedabad, Abellon Clean Energy Limited (ACEL) and Nepra Resource Management Private Limited (NRML), are investing heavily in waste management and recycling in Ahmedabad. ACEL has already invested Rs 500 crore in the…

Company news
Japanese firm JFE Engg. roped in for Kozhikode WtE project

Japanese firm JFE Engg. roped in for Kozhikode WtE project

Japan-based JFE Engineering Ltd will offer technical assistance for the upcoming waste-to-energy facility in Kozhikode. Sharing the news on his social media, Chief Minister Mr Pinarayi Vijayan said the company has experience building more than…

Company news
Finland-based Clean Tech to manage waste in UP

Finland-based Clean Tech to manage waste in UP

Finland-based “Clean Tech” will take over waste management in key cities of Uttar Pradesh, including Lucknow. The state government and Clean Tech recently signed an MoU to this effect. The corporation may potentially establish a…

Company news
AG Enviro wins Mumbai C&D waste contract

AG Enviro wins Mumbai C&D waste contract

Antony Waste Handling Cell Limited declared that its wholly owned subsidiary AG Enviro Infra Projects Private Limited has received a contract for Rs 1024 crore for the collection, transportation, processing, and disposal of construction and…

Company news
MoHUA signs MOU with Engineers India Limited

MoHUA signs MOU with Engineers India Limited

The Ministry of Housing and Urban Affairs (MoHUA) has signed a Memorandum of Understanding (MoU) with Engineers India Limited to develop Waste to Energy (WTE) and bio-methanation projects in cities with a population of million…

Company news
CIPET to expand plastic waste management centres

CIPET to expand plastic waste management centres

The Central Institute of Petrochemical Engineering and Technology (Cipet), a leading institute specializing in plastic technology, plans to establish five circular economy or plastic waste management centers as pilot projects in five cities. Four of…

Company news
Recykal’s DRS scheme in Rudraprayag wins accolades

Recykal’s DRS scheme in Rudraprayag wins accolades

The Rudraprayag District Administration in Uttarakhand and Recykal has implemented a Digital Deposit Refund System. Recykal also won the Digital India Awards 2022 in the category of ‘Digital Initiatives in Collaboration with Startups’ for the initiative. Tourists/citizens…

Company news
CII’s Water & Solid Waste Expo in Delhi from Feb 16 – 18

CII’s Water & Solid Waste Expo in Delhi from Feb 16 – 18

The Confederation of Indian Industry (CII) has announced its second edition of Water & Solid Waste Expo 2023 scheduled from 16 to 18 February 2023 at Pragati Maidan, New Delhi. This would be a co-located event alongside CII’s 25th…

Company news
Chennai: Waste segregation pamphlet in Braille released

Chennai: Waste segregation pamphlet in Braille released

As part of a joint initiative with the Greater Chennai Municipal Corporation, waste management firm Urbaser-Sumeet has released a pamphlet on waste segregation in Braille. “On account of World Braille Day, a Waste Segregation Awareness…

Company news
Adani Green Energy says it is zero-waste-to-landfill certified

Adani Green Energy says it is zero-waste-to-landfill certified

Renewable energy firm Adani Green Energy Limited (AGEL) has said that its entire operating capacity is now zero-waste-to-landfill certified. It has received the Zero Waste to Landfill (ZWL) certification for 100 percent of its operating…

Company news
IPCA launches Centre for Waste Management and Research in partnership with TERI

IPCA launches Centre for Waste Management and Research in partnership with TERI

The Indian Pollution Control Association (IPCA) and TERI School of Advanced Studies have joined hands to establish IPCA Centre for Waste Management and Research (ICWMR) which was inaugurated by Chief Guest Dr. Prashant Gargava, Member Secretary, Central…

Company news
CII’s International Conference on Waste to Worth concludes

CII’s International Conference on Waste to Worth concludes

The seventh edition of the International Conference on Waste to Worth was held in New Delhi on November 30. The theme of the conference was ‘Moving Towards a Circular Economy Through Innovative 3R Approaches.’ The…

Company news
Winners of CII’s 3R Awards announced

Winners of CII’s 3R Awards announced

The 7th edition of the CII’s International Conference on Waste to Worth recognized the efforts of 13 outstanding Indian companies and start-ups and 2 Municipal Corporations (MCs) with CII 3R Awards 2022. Blue Planet Environment…

Company news
Gravita India reports on Q2 of current financial year

Gravita India reports on Q2 of current financial year

Recycling company Gravita India Limited has published its figures for Q2 of the financial year 2023, that ended on 30 September 2022. Revenues from operations reached INR 6.83 billion (EUR 83.7 million) an increase of…

Company news
CII’s Waste to Worth Conference: A Sneak Preview

CII’s Waste to Worth Conference: A Sneak Preview

With the theme of ‘Moving Towards a Circular Economy Through Innovative 3R approaches’,  the Confederation of Indian Industry (CII) is organizing the 7th edition of its Conference on Waste to Worth on November 30, 2022 at Hotel Lalit, New Delhi in partnership with the Office…

Company news
Coca-Cola partners with Zepto for ‘return and recycle’ initiative

Coca-Cola partners with Zepto for ‘return and recycle’ initiative

Coca-Cola India has partnered with Zepto to launch its ‘return and recycle’ initiative for PET bottles. As per the company, the initiative seeks to establish an organised process for collecting PET bottles with 100% traceability,…

Company news
New cooperation on chemical recycling

New cooperation on chemical recycling

French company Technip Energies and India-based APChemi have agreed to cooperate on chemical recycling. The cooperation intends to commercialise the technologies of both companies. The Pyromax process developed by APChemi helps in producing pyrolysis oil…

Company news
CII’s International Waste to Worth conference in Delhi on Nov 30

CII’s International Waste to Worth conference in Delhi on Nov 30

The Confederation of Indian Industry (CII), jointly with the Office of Principal Scientific Adviser (PSA), Government of India is organizing the 7th edition of the International Conference on Waste-to-Worth on 30 November 2022 at Hotel Lalit, New Delhi, with the…

Company news
Attero to build new e-waste plant in Telangana

Attero to build new e-waste plant in Telangana

One of the biggest e-waste recovery companies, Attero India, will invest nearly Rs 600 crore to build a new plant in Telangana. According to the state’s IT Minister Mr KT Rama Rao, the projected facility…

Company news
Shakti Plastics and Lyondell Basell sign MoU

Shakti Plastics and Lyondell Basell sign MoU

Plastic scrap recycler and waste collection company The Shakti Plastic Industries and LyondellBasell have signed a Memorandum of Understanding (MoU) to form a joint venture to build and operate a fully-automated, mechanical recycling plant in India. …

Company news
CNIM Martin announces take over by Paprec Engineering

CNIM Martin announces take over by Paprec Engineering

Chennai-based CNIM MARTIN Private Limited (CMPL) has announced the finalization of its takeover by Paprec Group, via its holding company Paprec Energies International, of the 51% of its shares that were held by CNIM Environment…

Company news
Clean Kerala Co. reports substantial profit

Clean Kerala Co. reports substantial profit

Barely 20 months after starting operations, Clean Kerala Company Ltd. (CKCL), a project to eliminate waste generation by incorporating eco-friendly practices, has reported a profit of Rs. 5 crores. The company, which is jointly owned…

Company news
IFAT India 2022 concludes in Mumbai

IFAT India 2022 concludes in Mumbai

The 9th edition of IFAT India by Messe Muenchen India concluded on Friday at the Bombay Exhibition Centre, Mumbai. IFAT India is one of the country’s leading trade fairs for water, sewage, solid waste, and recycling…

Company news
CSE’s roadmap for making Indian cities garbage-free

CSE’s roadmap for making Indian cities garbage-free

The CSE has released three new publications: Legacy Waste Management and Dumpsite Remediation, Preparing City Solid Waste Action Plan for Bio-degradable Waste, and Preparing City Solid Waste Action Plan for Non-Biodegradable Waste.  The CSE toolkit on legacy waste management…

Company news
Adani sets up new subsidiary for bio-conversion activities

Adani sets up new subsidiary for bio-conversion activities

Adani Total Gas has established a new subsidiary named Adani TotalEnergies Biomass. Reportedly, the subsidiary will be active in developing, establishing and operating bio-conversion plants, as well as in the production of CBG and further…

Company news
SMS Envoclean issued notice by MPCB

SMS Envoclean issued notice by MPCB

SMS Envoclean has been given a notice by the Maharashtra Pollution Control Board (MPCB) to modernize its Deonar biomedical waste treatment facility in order to stop environmental pollution. In the event of non-compliance, the MPCB…

Company news
Re Sustainability to recycle the Supertech Twin Towers demolition waste

Re Sustainability to recycle the Supertech Twin Towers demolition waste

Earlier this week, close to 30,000 tonnes of construction and demolition waste was generated within 10 seconds of the demolition of Supertech twin towers in Noida. Hyderabad-based Re Sustainability has been given the responsibility to…

Company news
Dealing with 80,000 tonnes of demolition waste from Noida twin towers

Dealing with 80,000 tonnes of demolition waste from Noida twin towers

Demolition experts will be chalking out a plan after discussion with resident associations in the vicinity of the demolished Noida twin towers regarding the disposal of debris from the site. Experts said that it may…

Company news
Amway India turns 100% plastic waste neutral

Amway India turns 100% plastic waste neutral

FMCG direct selling company, Amway India, has managed 100% of post-consumer plastic waste based on its Extended Producer Responsibility (EPR) collection and recycled 100% of pre-consumer plastic waste produced at the Amway manufacturing facility. Through…

Company news
Second phase of biomining at Trichy’s Ariyamangalam dumpyard to begin soon

Second phase of biomining at Trichy’s Ariyamangalam dumpyard to begin soon

With the city corporation recently awarding the contract for the second phase of biomining at Ariyamangalam dumpyard, preliminary work is underway to determine the exact amount of waste to be cleared. According to city officials,…

Company news
Circulate Capital announces follow-on investment in Lucro

Circulate Capital announces follow-on investment in Lucro

Circulate Capital, a Singapore-based investment management firm focused on climate technology and the circular economy, announced a follow-on investment in Lucro Plastecycle Private Limited, one of its current portfolio companies. The additional capital will allow…