Indian Oil and GPS Renewables to form a joint venture.

Indian Oil, a diversified, integrated energy major with business interests encompassing the entire hydrocarbon value chain, and GPS Renewables, a full-stack biofuels firm, to form a joint venture dedicated to advancing biofuel adoption across the country. Financial terms were not disclosed. "The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels," Indian Oil.