Blue Planet acquires majority stake in Mahindra Waste to Energy to accelerate sustainable waste-to-energy solutions
Blue Planet Environmental Solutions Pte. Ltd., a pioneering force in sustainable waste management, has achieved a milestone in its mission towards sustainability and the circular economy with the acquisition of majority stake in Mahindra Waste to Energy Solutions Limited (MWTESL), a key player under the Mahindra Group umbrella. This strategic move represents a significant leap forward in the global effort to promote sustainability and circular economy practices.
A Strategic Alliance for a Greener Future
The acquisition brings together Blue Planet’s cutting-edge carbon capture and utilization technologies with the expertise of Mahindra Waste to Energy Solutions in converting municipal wet waste into Bio-CNG through Bio-Methanation. This synergy is set to redefine the waste-to-energy sector by developing integrated solutions that are not only environmentally friendly but also economically viable. By combining their unique technologies, research capabilities, and intellectual property, the partnership aims to drive innovation in sustainable energy production and waste management, marking a critical step towards achieving a circular economy.
Blue Planet Environmental Solutions acquires majority stake in Mahindra Waste to Energy
Expanding Horizons in Waste-to-Energy Solutions
Prashant Singh, Co-Founder & CEO of Blue Planet, emphasized the significance of this collaboration, stating, “This collaboration unlocks new markets and opportunities. Together, we will penetrate new regions and deliver integrated waste management and renewable energy solutions.” This partnership is poised to strengthen Blue Planet’s impact and capabilities within the region, furthering its mission to deliver technology-driven and IP-based end-to-end solutions for waste management and upcycling.
Leveraging Technology for Sustainable Growth
Founded in 2017 and headquartered in Singapore, Blue Planet has been at the forefront of driving regional sustainability. The company’s platform is designed for comprehensive waste management solutions, aiming to close the loop on waste life cycles through circular economy solutions and achieve zero waste to landfill. On the other side, Mahindra Waste to Energy Solutions, with its seven developed projects and a commitment to sustainable growth, continues to lead the waste-to-energy sector in India, transforming waste materials into energy through innovative technologies like gasification and anaerobic digestion.