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GPS Renewables Raises $50 Million, Eyes Expansion of Biofuel Facilities Across India

Waste Management | Biofuels | Investments

GPS Renewables raised $50 million in debt financing, enabling expansion of biofuel facilities across India. With an order book of $240 million and MoUs worth $540 million, the company reported a turnover of $60 million in FY 2023-24, marking a 225% growth.


GPS has been one of the very few biogas/CBG companies that has been able to demonstrate the ability to scale in this rather challenging sector (waste to energy).

Decarb Avenues

  • Biofuels
  • Solid Waste Management


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