The Indian Oil Corporation Limited (IndianOil) has signed a Memorandum of Understanding (MoU) with North Delhi Municipal Corporation (NDMC) for development of integrated waste-to energy facilities at Ranikhera in Narela of New Delhi, a statement issued by IndianOil reported.

The MoU was signed in attendance of Shri Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas; Shri Anil Baijal, Lt. Governor of Delhi; Shri Jai Prakash, Mayor of North Delhi Municipal Corporation; Shri Tarun Kapoor, Secretary of Petroleum and Natural Gas; Shri Gyanesh Bharti, Commissioner of North Delhi Municipal Corporation; and Shri S M Vaidya, Chairman of Indian Oil.

According to the terms of the MoU, IndianOil will help NDMC to identify the concessionaire for setting up an Integrated Waste to Energy Plant at Ranikhera.

The plant would process Municipal Solid Waste (MSW) and organic waste of NDMC for producing Compressed Biogas (CBG), recycling plastics, Refuse Derived Fuel (RDF) for producing plastic or syngas and its downstream products, plastics recycling, etc.

It will process about 2.5 billion tons of municipal solid waste collected by NDMC and produce compressed bio-gas CBG, ethanol, syngas and products.

On this occasion Shri Pradhan noted that this project will also help in generating energy in various forms and reducing dependence on crude imports as well as achieving other national objectives.