IBA Signs MoU with Indian Oil to Advance the Development of the Bioenergy Sector
The Indian Biogas Association (IBA) has entered into a memorandum of understanding (MoU) with Indian Oil Corporation Ltd (IOCL) to advance the development of the bioenergy and bio-hydrogen sectors in India, according to reports.
This partnership aims to leverage the strengths of both organizations to drive growth in the bioenergy industry. According to a joint statement, IBA and IOCL will work together to establish a knowledge centre that will support shared initiatives. The collaboration will involve pooling resources such as advanced technology, infrastructure, and a skilled workforce to further expand the biofuels ecosystem in the country.
The two organizations also plan to actively engage with policymakers, industry leaders, and think tanks to shape strategies for the sector. A strong emphasis will be placed on training and capacity-building programs to support the sector’s growth and create a robust talent pipeline.
“At the policy level, IBA is already collaborating with several ministries to frame supportive regulations for the biogas, bio-CNG, and broader renewable energy segments. This partnership will help facilitate coordinated efforts between central and state ministries. Together with IOCL, we aim to propose policy incentives that cater to different categories of biofuels,” says Gaurav Kedia, Chairman of IBA.
The MoU encompasses clauses for synchronizing current research and development in biofuels, emphasizing the promotion of collaboration between industry and academic institutions.
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Founded in 2011 and reorganized in 2015, the Indian Biogas Association is the nation's inaugural professional organization that represents biogas plant operators, equipment producers, planners, and participants from public policy, academia, and research. The organization is working with the German Biogas Association to advance the sector's growth in India and aid the shift to a more sustainable energy future.