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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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Pi Green, EcoGuard partner to digitise carbon capture and...
By BL Pune Bureau · 2026-04-15 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The move comes as India’s carbon market gains momentum, supported by a ₹20,000 crore allocation for carbon capture and storage and a newly operational compliance framework.

The move comes as India’s carbon market gains momentum, supported by a ₹20,000 crore allocation for carbon capture and storage and a newly operational compliance framework.

Pi Green Innovations Pvt Ltd has partnered with EcoGuard Global AG to digitise carbon capture methodology and deploy a digital Measurement, Reporting, and Verification (dMRV) system for clients in India and global markets.

The move comes as India’s carbon market gains momentum, supported by a ₹20,000 crore allocation for carbon capture and storage and a newly operational compliance framework, positioning the country as a key hub for carbon abatement and trading.

The partnership combines Pi Green’s patented carbon capture and utilisation technology with EcoGuard’s digital carbon infrastructure. Pi Green’s solutions include its Carbon Cutter device for particulate capture and the Net Zero Machine, which converts emissions into carbon-negative construction materials. EcoGuard’s platform, built on distributed ledger technology, enables end-to-end MRV, traceability, and carbon credit issuance.

Under the agreement, EcoGuard will digitise Pi Green’s methodology in line with global standards, deploy a dMRV platform for automated data capture and verification, and enable transparent carbon transactions.

The initiative is expected to strengthen readiness for third-party validation while helping clients transition to technology-driven, market-ready carbon project frameworks.

Irfan Pathan, Co-founder and CEO of Pi Green Innovations, said, “At Pi Green, we believe the next phase of industrial decarbonisation will be defined not only by breakthrough technologies, but by the ability to measure, verify, and scale impact with credibility. Our partnership with EcoGuard is a significant step toward creating a digitally enabled and market-ready framework for carbon capture projects.”

Yashodhan Ramteke, CEO of EcoGuard Global, said, “As the world enters the new era of Carbon Markets 2.0 in which trust, transparency, and auditability are no longer optional but foundational pillars. By combining Pi Green’s carbon capture innovation with EcoGuard’s digital carbon capabilities, this partnership will enable clients build more transparent, traceable, and standards-aligned pathways to climate value creation.”

Published on April 15, 2026