{"id":223674,"date":"2026-08-31T13:13:34","date_gmt":"2026-08-31T07:43:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=223674"},"modified":"2026-08-31T13:13:36","modified_gmt":"2026-08-31T07:43:36","slug":"oil-india-share-price-cbg-mous-haryana-31-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/","title":{"rendered":"Oil India Share Price: Signs MoUs for CBG Projects in Haryana"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Oil India share price at Rs 487.85, up 0.91%. Subsidiary OIL Green Energy signs MoUs for CBG, waste-to-energy projects across 4 Haryana cities.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">The Oil India share price is in focus after the company&#8217;s subsidiary, OIL Green Energy, signed Memoranda of Understanding with four municipalities in Haryana, namely Gurugram, Faridabad, Hisar and Ambala, for the development of integrated compressed biogas and waste-to-energy projects. The facilities are expected to process 5,000 tonnes of municipal solid waste per day and produce 70 to 75 tonnes per day of compressed biogas along with 50 MW of green power.<\/p>\n<\/div>\n<p>The <a href=\"https:\/\/univest.in\/stocks\/oil\/oil-india-ltd-share-price-today\">Oil India share price<\/a> is in focus after its subsidiary, OIL Green Energy, signed Memoranda of Understanding with four municipalities across Haryana, namely Gurugram, Faridabad, Hisar and Ambala, for the development of integrated compressed biogas and waste-to-energy projects. The initiative marks a further step in Oil India&#8217;s diversification into clean energy and waste management infrastructure.<\/p>\n<p style=\"margin-top: 24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<p>Under the agreements, the facilities will have the capacity to scientifically process 5,000 tonnes of municipal solid waste per day and are expected to produce between 70 and 75 tonnes per day of compressed biogas, along with 50 MW of green power, positioning Oil India as a meaningful player in India&#8217;s growing waste-to-energy ecosystem.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#Oil_India_Share_Price_Details_of_the_Haryana_CBG_Projects\" title=\"Oil India Share Price: Details of the Haryana CBG Projects\">Oil India Share Price: Details of the Haryana CBG Projects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#How_the_CBG_Projects_Fit_Oil_Indias_Green_Energy_Strategy\" title=\"How the CBG Projects Fit Oil India&#8217;s Green Energy Strategy\">How the CBG Projects Fit Oil India&#8217;s Green Energy Strategy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#Oil_India_Share_Price_Recent_Trading_Activity\" title=\"Oil India Share Price: Recent Trading Activity\">Oil India Share Price: Recent Trading Activity<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#What_MoUs_did_Oil_Indias_subsidiary_sign\" title=\"What MoUs did Oil India&#8217;s subsidiary sign?\">What MoUs did Oil India&#8217;s subsidiary sign?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#How_much_waste_will_the_Haryana_CBG_facilities_process\" title=\"How much waste will the Haryana CBG facilities process?\">How much waste will the Haryana CBG facilities process?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#How_much_compressed_biogas_and_green_power_will_the_projects_produce\" title=\"How much compressed biogas and green power will the projects produce?\">How much compressed biogas and green power will the projects produce?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#How_did_the_Oil_India_share_price_perform_after_the_announcement\" title=\"How did the Oil India share price perform after the announcement?\">How did the Oil India share price perform after the announcement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/oil-india-share-price-cbg-mous-haryana-31-august-2026\/#Why_is_Oil_India_expanding_into_waste-to-energy_projects\" title=\"Why is Oil India expanding into waste-to-energy projects?\">Why is Oil India expanding into waste-to-energy projects?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Oil_India_Share_Price_Details_of_the_Haryana_CBG_Projects\"><\/span><strong>Oil India Share Price: Details of the Haryana CBG Projects<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The MoUs signed by OIL Green Energy cover the development of integrated CBG and waste-to-energy clusters across four Haryana municipalities. Once operational, these facilities are designed to scientifically process 5,000 tonnes of municipal solid waste daily, a meaningful contribution to solving urban waste management challenges while simultaneously generating compressed biogas and green power.<\/p>\n<p>The projects are expected to yield 70 to 75 tonnes per day of compressed biogas, a cleaner fuel alternative that can be used in place of conventional CNG or piped natural gas, along with 50 MW of green power capacity. For a company traditionally known for its upstream oil and gas exploration and production business, this expansion into waste-to-energy infrastructure via OIL Green Energy reflects a broader strategic push toward energy diversification.<\/p>\n<p style=\"margin-top: 24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Explore Univest Screeners to Find Your Next Stock Pick<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_CBG_Projects_Fit_Oil_Indias_Green_Energy_Strategy\"><\/span><strong>How the CBG Projects Fit Oil India&#8217;s Green Energy Strategy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Oil India has been steadily building out a green energy portfolio alongside its core hydrocarbon business, recognising the long-term shift toward cleaner fuels and circular economy solutions in India&#8217;s energy mix. Compressed biogas projects, in particular, align well with the government&#8217;s SATAT scheme, which aims to promote CBG as an alternative, renewable transportation fuel sourced from agricultural residue, cattle dung and municipal solid waste.<\/p>\n<p>For investors tracking the Oil India share price, this diversification adds a new growth vertical that is less exposed to crude oil price volatility, potentially providing a more stable, annuity-like revenue stream from tipping fees, biogas sales and green power generation once the Haryana projects become operational.<\/p>\n<p style=\"margin-top: 24px;\">Download the <strong><a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a><\/strong> or the <strong><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a><\/strong> to track your portfolio and research stocks on the go.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Oil_India_Share_Price_Recent_Trading_Activity\"><\/span><strong>Oil India Share Price: Recent Trading Activity<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In Monday&#8217;s session, the Oil India share price was quoting at Rs 487.85, up Rs 4.40, or 0.91 percent, having touched an intraday high of Rs 499.60 and a low of Rs 486.00. Trading volumes of 173,604 shares were sharply higher than the stock&#8217;s five-day average of 53,516 shares, an increase of 224.39 percent, reflecting heightened investor interest around the day&#8217;s news flow.<\/p>\n<p>Investors tracking the Oil India share price should watch for further updates on the investment size, project timelines and expected revenue contribution from these Haryana CBG ventures as they move from the MoU stage toward implementation.<\/p>\n<p>The Oil India share price will likely stay in focus as more details on the Haryana CBG projects&#8217; investment size and timelines emerge. Traders following the Oil India share price often track the company&#8217;s green energy diversification alongside its core upstream oil and gas business. Analysts covering the Oil India share price will watch execution progress on the Gurugram, Faridabad, Hisar and Ambala facilities closely. Long-term investors in the Oil India share price should weigh the steady annuity-like potential of biogas and green power revenue against crude price volatility in the core business.<\/p>\n<div style=\"background: #CC0000; color: #ffffff; padding: 16px 20px; border-radius: 6px; margin: 24px 0;\">\n<p style=\"margin: 0; font-size: 13px;\">Investments in the securities market are subject to market risks. Read all related documents carefully before investing. This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Uniresearch Global Pvt Ltd is a SEBI Registered Research Analyst, Registration Number INH000013776. Uniresearch Global Pvt Ltd is a subsidiary of Univest Communication Technologies Private Limited.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_MoUs_did_Oil_Indias_subsidiary_sign\"><\/span><strong>What MoUs did Oil India&#8217;s subsidiary sign?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil India&#8217;s subsidiary, OIL Green Energy, signed MoUs with four Haryana municipalities, Gurugram, Faridabad, Hisar and Ambala, for integrated CBG and waste-to-energy projects.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_waste_will_the_Haryana_CBG_facilities_process\"><\/span><strong>How much waste will the Haryana CBG facilities process?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The facilities are designed to scientifically process 5,000 tonnes of municipal solid waste per day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_compressed_biogas_and_green_power_will_the_projects_produce\"><\/span><strong>How much compressed biogas and green power will the projects produce?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The projects are expected to produce 70 to 75 tonnes per day of compressed biogas along with 50 MW of green power.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_the_Oil_India_share_price_perform_after_the_announcement\"><\/span><strong>How did the Oil India share price perform after the announcement?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Oil India share price was up 0.91 percent at Rs 487.85, with trading volumes surging 224.39 percent above the five-day average.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Oil_India_expanding_into_waste-to-energy_projects\"><\/span><strong>Why is Oil India expanding into waste-to-energy projects?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The move reflects Oil India&#8217;s broader strategic diversification into clean energy, aligning with schemes like SATAT that promote compressed biogas as a renewable transportation fuel.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Quick AnswerThe Oil India share price is in focus after the company&#8217;s subsidiary, OIL Green Energy, signed Memoranda of Understanding with four municipalities in Haryana, namely Gurugram, Faridabad, Hisar and Ambala, for the development of integrated<\/p>\n","protected":false},"author":28,"featured_media":223673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-223674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["223673"],"_edit_lock":["1788162219:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["75"],"rank_math_title":["Oil India Share Price: Signs MoUs for CBG Projects in Haryana"],"rank_math_description":["Oil India share price is in focus after its subsidiary signed MoUs with four Haryana municipalities for CBG and waste-to-energy projects worth $110 million."],"rank_math_focus_keyword":["Oil India share 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