IGL Forms 50:50 Joint Venture with Hindustan Waste Treatment to Set Up Bio-Gas Plant

City gas distributor Indraprastha Gas Ltd. (IGL) announced a strategic joint venture with Hindustan Waste Treatment Pvt. Ltd. (HWT) for setting up a bio-gas production facility. The joint venture will have equal equity participation (50:50) between the two partners, marking IGL’s latest foray into alternative and sustainable energy segments.

The partnership aligns with India’s growing focus on renewable energy and waste management efficiency. Through this venture, IGL aims to enhance its clean energy portfolio, reducing reliance on fossil fuels while contributing to the government’s “Waste to Wealth” and “Sustainable India” initiatives.

Key Highlights:

Partnership: IGL and Hindustan Waste Treatment Pvt. Ltd.

Equity participation: 50:50 between both entities.

Objective: Establish and operate a bio-gas plant using waste-to-energy technology.

Strategic focus: Strengthen renewable energy footprint and promote circular economy.

Sectoral impact: Supports India’s green energy transition and sustainability targets.

Source:  Indraprastha Gas Ltd