About GPS Renewables
GPS Renewables develops biogas technologies to solve the organic waste management challenge and accelerate the substitution of fossil fuel with bio-energy. It was founded in 2012 and is based in Bangalore, India.
Expert Collections containing GPS Renewables
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
GPS Renewables is included in 2 Expert Collections, including Smart Cities.
Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Latest GPS Renewables News
Oct 5, 2023
Most Read GPS Renewables , a Bengaluru-based biofuels technology company, has entered into a strategic partnership with the Indian Oil Corporation (IOCL) to set up Compressed Biogas Plants (CBG Plants). Under the agreement, subject to approval from NITI Aayog and DIPAM, both entities would have a 50:50 equity stake in the proposed joint venture. - Advertisement - GPS Renewables, through its project development arm GPSR Arya, aims to expand BioFuel projects across India. Currently, GPSR is incubating projects nationwide, with a particular focus on the northeast and southern states, where biogas projects are less prevalent. From incubating one of India’s largest biogas plants in Indore to becoming a leading name in the industry, this partnership with IOCL signifies a significant step forward. Speaking on the partnership, Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, said, “This proposed joint venture with Indian Oil Corporation is a significant milestone in our commitment to advancing biofuel technology . Together, we aim to accelerate the deployment of Compressed Biogas Plants across the country, bringing us closer to a greener, more sustainable future. We look forward to working hand in hand with IOCL to swiftly establish multiple projects, demonstrating the maturity of the biogas sector.” GPS Renewables has been at the forefront of biofuel technology and project development, driving the shift from fossil fuels to biofuels, including biogas, RNG, 2G ethanol, and green hydrogen. The company has successfully established over 100 biogas plants, including Asia’s largest RNG plant based on Municipal Solid Waste (MSW) in Indore, Madhya Pradesh, inaugurated by the Honourable Prime Minister of India, Narendra Modi. GPS Renewables has also garnered patents in the field, cementing its position as one of India’s leading biofuels firms. Please leave this field empty Subscribe To Morning Newsletters
GPS Renewables Frequently Asked Questions (FAQ)
When was GPS Renewables founded?
GPS Renewables was founded in 2012.
Where is GPS Renewables's headquarters?
GPS Renewables's headquarters is located at No.30/2, Opp RKS Ready Mix Concrete Hulimangala, Bangalore.
What is GPS Renewables's latest funding round?
GPS Renewables's latest funding round is Series B.
How much did GPS Renewables raise?
GPS Renewables raised a total of $3M.
Who are the investors of GPS Renewables?
Investors of GPS Renewables include Neev Fund, Caspian Impact Investments and Hivos Impact Investments.