GPS signs contracts for new CBG projects

Representational picture. Picture credit: Re Sustainability

Waste management solutions company GPS Renewables (GPS) has secured INR 200 million (EUR 2.18 million) in contracts for compressed biogas (CBG) projects across India.

These projects should process 4,000 tpd of agricultural waste and energy crops as well as 300 tpd of Municipal Solid Waste to produce at least 350 tpd of CBG. GPS expects to achieve a turnover of INR 500 million in FY 23-24, compared to a turnover of INR 153 million last year.

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