ARYA

What ARYA does

ARYA (GPSR Arya Pvt. Ltd.) is a climate infrastructure platform and project development vehicle headquartered in Bengaluru, India, focused on biofuels and industrial decarbonization. The platform develops and operates Compressed Biogas (CBG/BioCNG) projects from municipal solid waste, paddy straw, press mud cake, and bagasse; 1G ethanol projects from damaged grains and corn; 2G ethanol projects from agro-residues and bamboo; and industrial decarbonization solutions that replace natural gas with BioCNG for hard-to-abate manufacturers. ARYA holds exclusive joint ventures with Indian Oil Corporation and Bharat Petroleum Corporation Limited for CBG infrastructure, operates wholly-owned project vehicles Panipat Biogas Pvt. Ltd. and Hisar Biogas Pvt. Ltd., and recently secured an EPC contract from NTPC Limited for India's first Ethanol-to-Jet Sustainable Aviation Fuel plant.

The platform is built on parent GPS Renewables' in-house patented biogas technology — deployed across 100+ plants and including Asia's largest MSW-based CBG plant in Indore — and is differentiated by a blockchain-based data transparency platform with SCADA/Industrial IoT feeds, geo-spatial AI real-time tracking, and ISO 14064-certified GHG quantification for verified carbon credits. Revenue is generated through BioCNG and ethanol sales under guaranteed off-take agreements with state-owned oil marketing companies, carbon credit monetization (approximately 33,000 tCO2e per project annually), industrial BioCNG supply contracts, and EPC services for biofuel infrastructure.

ARYA serves public-sector oil marketing companies (Indian Oil, BPCL), large industrial manufacturers seeking scope 1 emissions reductions, and government-owned energy entities (NTPC). Capital outlay for the ARYA platform is approximately $350M with $10.6M currently deployed across 2 projects in execution and 4 in the pipeline; the parent GPS Renewables employs 800+ people and operates from Bengaluru, Mumbai, and New Delhi.

Name

ARYA

Legal name

GPSR Arya Pvt. Ltd.

Website

https://arya.eco

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

ARYA (GPSR Arya Pvt. Ltd.) is a Bengaluru-based climate infrastructure platform developing Compressed Biogas, 1G and 2G ethanol, and industrial decarbonization projects in joint venture with Indian Oil, BPCL, and NTPC, leveraging patented biogas technology and blockchain-verified carbon credits.

Ownership category

akta.pro rank

Product category

Biofuels Infrastructure

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Petroleum and Coal Products Manufacturing (3241)

SIC

Oil & Gas Field Services, Nec (1389), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Methane Abatement Projects (Landfill Gas, Manure, Coal Mine Methane, O&G Methane) (EUABABAL)

akta.pro secondary industries

Carbon Removal Credits Trading (DAC, BECCS, Biochar, Mineralization) (EUAGAIAL), Supply Chain (Scope 3) Emissions & Supplier Engagement Platforms (EUABAEAE), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ), Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF)

Keywords

• Compressed biogas production
• Industrial decarbonization solutions
• Bioethanol project development
• Climate infrastructure platform
• Sustainable aviation fuel

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D

Revenue model

1. BioCNG/CBG Sales: Production and sale of Compressed Biogas (CBG/BioCNG) to industrial customers and gas retailing companies. Projects have guaranteed BioCNG off-take agreements with firms having decades of gas retailing experience.
2. Carbon Credits: Projects generate carbon credits through GHG reduction. Estimated carbon credits per year are approximately 33,000 tCO2e per project (Panipat and Hisar projects).
3. Ethanol Sales: 1G and 2G Ethanol production and sales. 100 KLD 1G ethanol project in Bihar with corn as feedstock; 100 KLPD 2G ethanol plant in North-East with bamboo as feedstock.
4. EPC Contracts: Engineering, Procurement, and Construction contracts for biofuels infrastructure. Recently secured EPC contract from NTPC Limited for India's first Ethanol-to-Jet Sustainable Aviation Fuel plant.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

ARYA (GPSR Arya Pvt. Ltd.) is a climate infrastructure platform that develops compressed biogas (BioCNG/CBG) projects from feedstocks including municipal solid waste, paddy straw, press mud cake, and bagasse, as well as 1G and 2G ethanol plants and industrial decarbonization solutions. The platform executes projects via joint ventures with public sector oil marketing companies (Indian Oil, BPCL) and EPC contracts (e.g., NTPC's ethanol-to-jet SAF plant), with guaranteed off-take agreements and blockchain-verified carbon credit generation.

Product overview

GPSR Arya is a climate infrastructure platform focused on biofuels and industrial decarbonization. The platform encompasses multiple project types: Compressed Biogas (BioCNG/CBG) projects based on Municipal Solid Waste, Paddy Straw, Press Mud Cake, and Bagasse; First Generation (1G) Ethanol projects using damaged grains; Second Generation (2G) Ethanol projects using agro-residues and bamboo; and Industrial Decarbonization solutions. The platform operates through specific project vehicles including Panipat Biogas Pvt. Ltd. and Hisar Biogas Pvt. Ltd., and includes a blockchain-based Data Transparency Platform for ESG monitoring. ARYA's projects are developed in partnership with public sector oil marketing companies Indian Oil Corporation and Bharat Petroleum Corporation.

Differentiator

Problem solved

Functional benefit

Products and services

• BioCNG/CBG Projects Compressed Biogas (CBG/BioCNG) projects converting feedstocks such as municipal solid waste, paddy straw, press mud cake, and bagasse into clean fuel for industrial customers and gas retailing companies. Developed through joint ventures with public sector oil marketing companies Indian Oil Corporation and Bharat Petroleum Corporation Limited, with guaranteed off-take agreements.
• 1G Ethanol Projects First generation ethanol projects producing biofuel for blending with conventional fuels, based on damaged grains and other non-food competing feedstocks. Includes a brownfield 100 KLD ethanol project in Bihar using corn as feedstock.
• 2G Ethanol Projects Second generation ethanol projects producing advanced biofuel from non-food biomass, including a greenfield 100 KLPD plant in North-East India using bamboo as feedstock. Supports India's advanced biofuel production objectives.
• Industrial Decarbonization Solutions Industrial decarbonization projects that reduce scope 1 emissions for large manufacturers by replacing natural gas usage with BioCNG, achieving up to 30% natural gas substitution. Targets manufacturing companies with sustainability targets and natural gas cost exposure.

Quantifiable outcome

• 33,000 tCO2e carbon credits per project per year (Panipat and Hisar projects)
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• NTPC LimitedcoreStrategic or Co-development Partner · 1 January 2026GPS Renewables secured an EPC contract from NTPC Limited to construct India's first Ethanol-to-Jet Sustainable Aviation Fuel plant, marking entry into sustainable aviation fuel production.
• Indian Oil Corporation LimitedflagshipStrategic or Co-development Partner · 1 January 2024GPS Renewables/ARYA has joint ventures with Indian Oil Corporation for CBG infrastructure development across India. The partnership supports India's clean energy transition and reduces dependence on imported natural gas. Sojitz Corporation has also tied up with this partnership for ₹310 crore investment.
• Bharat Petroleum Corporation LimitedflagshipStrategic or Co-development Partner · 1 January 2024GPS Renewables/ARYA has joint ventures with Bharat Petroleum Corporation for CBG infrastructure development. ARYA is the only Indian entity with JVs with both Indian Oil and BPCL for CBG infrastructure development.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Gevo: US developer of low-carbon hydrocarbons including ethanol-to-jet sustainable aviation fuel; directly comparable to ARYA's NTPC ethanol-to-jet SAF project and its 2G ethanol roadmap.
• LanzaTech: Carbon capture-to-fuels technology company developing ethanol and SAF from industrial off-gases; comparable as an adjacent carbon-to-fuels platform with industrial decarbonization use cases.

Direct peers

• Praj Industries: India's leading ethanol and bioenergy process technology provider, with deep relationships across Indian Oil, BPCL and other OMCs for ethanol plant EPC and CBG solutions — directly comparable to ARYA's biofuels technology and OMC-linked business model.
• Clean Energy Fuels Corp: US-based renewable natural gas (RNG) producer and CNG fueling infrastructure operator; comparable as a developer offtake-driven biogas-to-fuel assets that monetize verified carbon attributes.
• Aemetis: US advanced biofuels and renewable fuels producer (ethanol, biodiesel, SAF) with carbon credit monetization; comparable as a project developer of low-carbon fuel infrastructure serving regulated blending markets.
• Vanguard Renewables: US farm-based anaerobic digestion developer producing RNG from agricultural waste; directly comparable as a project developer monetizing agricultural feedstock for low-carbon gas with verified carbon credits.
• Brightmark Energy: Developer of dairy and waste-to-RNG projects in the US; directly comparable as a project developer of methane abatement infrastructure generating verified gas and carbon credit revenue streams.
• Sistema.bio: Mexico-headquartered biogas systems developer with operations in India and other emerging markets; directly comparable as a small-to-mid scale biogas project developer serving agricultural and industrial customers.

Regional players

• Praveen Biofuels: Indian biofuels producer with CBG and biodiesel operations; comparable as a domestic Indian biofuel project developer competing for similar feedstock pools and OMC partnerships.

Broad incumbents

• Reliance Industries: Large Indian conglomerate with announced biofuels, CBG, and renewable energy ambitions; comparable as a broad incumbent that could compete for feedstock, policy support, and OMC partnerships in India's biogas build-out.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/gpsrarya

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ARYA