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).