IOC-GPS Renewables JV Secures ₹8.36 Billion Loan for Biogas Plants

The funding will be used to develop nine CBG plants in four states

October 6, 2025

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IOC GPS Renewables (IGRPL) has secured ₹8.36 billion (~$94.2 million) in debt financing from the Indian Bank to develop nine compressed biogas (CBG) plants in Uttar Pradesh, Chhattisgarh, Andhra Pradesh, and Haryana.

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