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Oil India Shares Jump on Haryana MoU for Waste-to-Clean-Energy Projects

Oil India logoOil India
Sig1.47Sen+2.26Env+0.82Soc+0.53Gov+0.26

Oil India shares rose more than 3% after its wholly owned subsidiary, OIL Green Energy Ltd., signed an MoU with Haryana for four integrated waste-to-clean-energy projects. The plan covers 5,000 TPD of waste processing across Hisar, Ambala, Faridabad and Gurugram, targeting CBG production of 70-75 TPD and about 50 MW of green power, with the aim of reducing landfill dependence and improving resource recovery under GOBARdhan.

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