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Petronet LNG Approves 50:50 JV with Gruner to Build 10 CBG Plants

Petronet LNG Limited approved the incorporation of a 50:50 joint venture with Gruner Renewable Energy Private Limited to establish 10 compressed biogas (CBG) plants, involving an estimated capital outlay of Rs. 12 billion.

The Board of Directors sanctioned the proposal during its meeting held on September 17, 2026. The new entity will be structured as a Private Limited Company.

The partnership aims to deploy renewable energy infrastructure across India. Each of the 10 planned CBG plants will have a capacity of 18 metric tonnes per day.

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