Mitsubishi Forays into Biogas Sector with Investment in India's KIS Group

Mitsubishi Corporation, one of Japan’s major trading companies, has acquired a minority stake in the Indonesian arm of Bengaluru-based KIS Group, as per the news reports. This will be Mitsubishi’s first investment in the global biogas and biofuels sector. 

The financial terms of the deal have not been disclosed.

KIS Group’s Operations

KIS Group was founded in 2006 by KR Raghunath and works in the field of biogas, BioCNG, and BioLNG technologies. The company is headquartered in Bengaluru and operates across 11 countries, including India, Indonesia, Malaysia, Singapore, the USA, UAE, Brazil, Colombia, Qatar, and Spain. Its projects cater to sectors such as palm oil, sugar, dairy, distilleries, paper, and agro-processing.

Investment and Expansion Plans

KIS Group plans to invest around $1 billion by 2030 in renewable gas and biofuel projects in India and Southeast Asia. With Mitsubishi’s involvement, the company intends to expand into North America, South America, and Europe within the next five years. The focus will be on developing renewable gas capacity and entering new markets.

Scope of Collaboration

The partnership will allow KIS Group to access Mitsubishi’s global network of over 90 countries. The two companies plan to work together on the development and commercialisation of biogas, BioCNG, and BioLNG technologies. 

The collaboration will also help with operational systems, supply chains, and project management practices as KIS Group scales up.

Current Clients and Projects

KIS Group has completed several renewable gas projects in multiple countries. It has long-term biomethane supply contracts with Unilever and Shell. Other clients include Toyota, Godrej, Maruti Suzuki, Sinarmas, and Banas Dairy. 

The group continues to expand its renewable gas portfolio through ongoing projects across Asia and other regions.

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Conclusion

Mitsubishi’s investment provides KIS Group with international backing as it pursues its renewable gas and biofuel expansion plans. The deal is also Mitsubishi’s first step into the biogas segment at a time when global energy markets are shifting toward cleaner sources.

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