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Godavari Biorefineries Share Price Surges After CO2-to-DME Tech Unveiling

Written by: Team Angel OneUpdated on: 10 Nov 2025, 11:07 pm IST
Godavari Biorefineries launches pilot project with ICT Mumbai to convert CO2 into clean fuel Dimethyl Ether (DME), revolutionising climate action.
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On November 10, 2025, Godavari Biorefineries Limited (GBL), under the leadership of Chairman and Managing Director Samir Somaiya, announced a groundbreaking pilot project in partnership with the Institute of Chemical Technology (ICT), Mumbai. 

The initiative introduces CO2-to-Dimethyl Ether (DME) technology that converts industrial carbon emissions into clean fuel, marking a pivotal moment in India’s journey toward sustainability and renewable energy innovation.

Revolutionary Breakthrough in Climate Action

The newly launched technology transforms industrial CO2 emissions into Dimethyl Ether (DME), an eco-friendly, low-emission fuel that can replace liquefied petroleum gas (LPG) and diesel. 

DME’s versatility extends beyond energy use, serving as a vital chemical feedstock for industrial applications. By turning greenhouse gases into usable resources, this innovation demonstrates a critical step toward a circular and sustainable economy.

Collaboration Between GBL and ICT Mumbai

This project showcases the collaboration between GBL and ICT Mumbai, combining industrial expertise and scientific excellence. The technology, developed under the scientific leadership of Prof. G. D. Yadav, leverages advanced catalyst development and process optimisation. 

The partnership was recognised with the prestigious 2024 K. V. Mariwala Award for Effective Chemical Industry-Academia Partnership, acknowledging its environmental impact, practical scalability, and scientific innovation.

Read More: Adani Enterprises Arm Signs MoU with Caravel Minerals to Secure Copper Supply for $1.2 Billion Smelter!

Impact on India’s Energy Transition

India’s rapid ethanol blending success—rising from 4% to 20% in 8 years—demonstrates its commitment to reducing fossil fuel dependency. GBL’s CO2-to-DME technology further strengthens this progress, providing an additional clean fuel option to support the government’s renewable energy goals.

The initiative also emphasises rural empowerment by creating value from agricultural by-products, contributing to farmers’ income and sustainable rural prosperity.

Environmental and Economic Significance

This technology is capable of converting 450 metric tons per day of biogenic CO2 into DME, significantly aiding emission reduction targets. It offers a cost-effective pathway for greener industries with global scalability. 

The project aligns with GBL’s long-standing vision of regenerative agriculture and circular economy principles, promoting harmony between industrial growth and environmental responsibility.

About Godavari Biorefineries Limited

Godavari Biorefineries Limited is a flagship company of the Somaiya Group and one of India’s largest integrated biorefineries. Operating advanced facilities in Sakarwadi, Maharashtra, and Sameerwadi, Karnataka, the company specialises in bio-based chemicals, ethanol, sugar, and power production. 

With operations across 20 countries and multiple R&D centres, GBL continues to lead innovation in renewable energy and sustainable chemistry.

Godavari Biorefineries Share Price Performance

On November 10, 2025, Godavari Biorefineries share price opened at ₹250.00 on NSE, below the previous close of ₹252.05. During the day, it surged to ₹277.25 and dipped to ₹250.00. The stock is trading at ₹272.00 as of 2:59 PM. The stock registered a significant gain of 7.92%.

Over the past week, it has moved up by 1.06%, over the past month, it has moved up by 9.11%, and over the past 3 months, it has declined by 1.54%.

Conclusion

The launch of the CO2-to-DME technology by Godavari Biorefineries and ICT Mumbai marks a historic advancement in India’s fight against climate change. Combining innovation, sustainability, and collaboration, this initiative sets a global benchmark for converting emissions into clean energy, paving the way for a more sustainable and resilient future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Nov 10, 2025, 5:37 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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