Nuberg EPC Targets 25% Revenue from Renewable and Green Fuels by FY28

Nuberg EPC, an engineering, procurement, and construction firm, projects that renewable and green energy fuels will constitute 25% of its total revenue by the fiscal year 2027–28. This projection is part of the company's strategic shift towards sustainable energy solutions. Currently, the green and renewable energy segment contributes between 5% and 10% to the company's overall revenue. The anticipated growth is supported by a recent collaboration with German refinery technology firm EDL Anlagenbau Gesellschaft, aimed at enhancing Nuberg's capabilities in sustainable fuel production and refinery technologies .

Nuberg EPC operates in 32 countries, with significant presence in the Middle East, North Africa, Europe, and India. The company has observed increasing demand for renewable and sustainable fuels, particularly in African markets. The partnership with EDL, a company with nearly a century of experience in refinery and petroleum technology, is expected to bolster Nuberg's portfolio in sustainable fuel solutions 

In addition to the collaboration with EDL, Nuberg EPC is actively involved in various projects related to green hydrogen and biofuels. The company has delivered India's first hydrogen fuelling station in Vadodara for Indian Oil Corporation Limited (IOCL) and is engaged in the construction of a sulphur recovery unit for IOCL Vadodara, an NPK fertilizer plant in Kochi for Fertilizers and Chemicals Travancore Limited (FACT), and a PPU unit for IOCL Panipat. Internationally, Nuberg is setting up sulphuric acid plants in the Czech Republic, Egypt, Saudi Arabia, and Turkey, as well as a calcium chloride project in Oman and a hydrogen peroxide plant in Indonesia .

The global market for sustainable fuels is experiencing significant growth. According to a report by MarketsandMarkets, the sustainable fuel market is projected to reach USD 299.9 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1% from an estimated USD 193.8 billion in 2024 . This growth is driven by stronger environmental regulations and policies aimed at reducing carbon emissions, as well as governmental mandates for blending sustainable fuels with traditional fuels.

Nuberg's strategic focus on green energy aligns with India's broader goals of becoming a global hub for green hydrogen production and export. The company is leveraging its experience in hydrogen management and is exploring the development of technologies such as electrolyzers for hydrogen production. Nuberg's initiatives are in line with the global shift towards cleaner energy sources and sustainability 

In summary, Nuberg EPC's projection of a 25% revenue contribution from renewable and green fuels by FY28 reflects its commitment to sustainable energy solutions. Through strategic collaborations and a focus on green hydrogen and biofuels, the company is positioning itself to meet the growing global demand for clean energy.