BPCL, CSE sign MoU to advance biofuels and circular economy projects

[responsivevoice_button voice="Hindi Female" buttontext="Listen This News"]

Bharat Petroleum Corporation Ltd (BPCL) and the Centre for Science and Environment (CSE) signed a Memorandum of Understanding on Wednesday to collaborate on biofuels, biomass utilisation, waste-to-resource solutions, and circular economy initiatives.

The agreement covers the full biofuels value chain, including Compressed Biogas (CBG). Key areas of joint work include feedstock assessment, supply chain development, biomass and waste resource management, technology evaluation and pilot projects. The two organisations will also explore market development, capacity building, and knowledge sharing.

The MoU additionally addresses the assessment and utilisation of biofuel by-products such as Fermented Organic Manure (FOM), digestate, Bio-CO₂, and Distillers Dried Grains with Solubles (DDGS). The partnership will also look at potential carbon credit opportunities linked to bioenergy projects.

BPCL Director (Marketing) Subhankar Sen said the collaboration marked a significant moment for the company, emphasising that combining the strengths of both organisations could achieve outcomes neither could deliver independently. CSE Director General said the partnership would draw on CSE’s expertise with municipalities and the CBG ecosystem alongside BPCL’s industrial and execution capabilities.

Specific projects under the MoU will be governed by separate agreements defining scope, responsibilities, and implementation.

BPCL, a Fortune Global 500 company and India’s second-largest oil marketing company, operates refineries in Mumbai, Kochi, and Bina with a combined capacity of around 35.3 million tonnes per annum. The company has set a target to achieve net-zero emissions in Scope 1 and Scope 2 by 2040. CSE is a New Delhi-based public interest research and advocacy organisation focused on environment and development issues.



Source

Leave a Reply

Your email address will not be published. Required fields are marked *