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Organic Recycling Systems Ltd (ORSL) and PRESPL have signed a strategic MoU to jointly advance bio-gas projects. This partnership aims to leverage their strengths in biomass and renewable energy to promote cleaner, sustainable fuel solutions in India, supporting the country's energy transition goals.
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Organic Recycling Systems Ltd, a leader in bioenergy and environmental solutions, has entered into a strategic Memorandum of Understanding with Punjab Renewable Energy Systems Pvt Ltd (PRESPL), India's largest biomass aggregation and densification company. The collaboration focuses on scaling up bio-gas projects by combining ORSL's expertise in bioenergy technology and PRESPL's robust biomass supply chain network.
The partnership is intended to promote the use of biomass-based fuels as eco-friendly alternatives to fossil fuels, aligning with India’s climate goals and energy transition efforts. Together, the companies will explore and develop new bio-gas facilities, focusing on efficient biomass utilization and expansion of clean energy capacity.
This MoU represents a significant step towards advancing the bioenergy sector and supporting sustainable development through decarbonization of energy sources. Both ORSL and PRESPL will leverage their respective technical, operational, and supply chain capabilities to accelerate project execution and expand bio-gas availability in India.
Key Highlights
Strategic MoU signed between Organic Recycling Systems Ltd and PRESPL for bio-gas project collaboration.
Focus on scaling biomass-based fuel solutions as alternatives to fossil fuels.
Partnership aims to enhance bioenergy infrastructure and promote sustainability.
Collaboration aligns with India’s energy transition and decarbonization goals.
Utilizes ORSL’s bioenergy expertise and PRESPL’s biomass supply chain strengths.
Joint exploration of new bio-gas facility development and technology deployment.
Source: PTI / Official company announcements
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