Eco Wave Power and Bharat Petroleum Mark New Era in Renewable Energy with Major Wave Energy Project in India

A New Milestone in Renewable Energy

Eco Wave Power Global AB, a pioneer in wave energy technology, has reached a crucial milestone in its collaboration with Bharat Petroleum Corporation Limited (BPCL). Recently, BPCL issued a purchase order for a detailed site assessment, marking the first practical step towards a promising wave energy project planned for BPCL's Marine Oil Terminals in Mumbai.

Background of the Collaboration

The partnership began when a Memorandum of Understanding (MoU) was signed in 2025, during India Energy Week, in the presence of India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri. The agreement outlined both companies' commitment to explore the vast potential of ocean energy resources in India, aiming for a sustainable and cleaner energy future for the nation.

The Purchase Order

The order from BPCL signifies the beginning of a more practical phase of their collaboration. It entails a comprehensive site assessment at Jawahar Deep in Mumbai, designed to analyze the feasibility and conditions necessary for installing Eco Wave Power's innovative technology within the existing marine infrastructure at BPCL’s terminals. The study will prepare a detailed site work plan, including metocean conditions, and produce a final assessment report, all expected to be completed within four months.

Technical Objectives

The site assessment is crucial, as it aims to evaluate the technical viability of integrating Eco Wave Power's cutting-edge technologies with BPCL's infrastructure. By utilizing existing marine structures such as breakwaters and piers, the technology aims to generate clean electricity efficiently while ensuring minimal disruption to the current operations at these facilities. This process could lead to a pilot installation that would serve as a model for future commercial scale wave energy projects across India.

The Significance for India

India is seen as a treasure trove for renewable ocean energy, with estimates suggesting that approximately 40,000 MW of energy can be harnessed from its coastline. Such significant potential aligns perfectly with BPCL’s ambitious goal of achieving Net Zero emissions by 2040. By investing in wave energy technologies, BPCL is not only diversifying its energy portfolio but is also committed to sustainability and innovation in its operations.

Moving Forward

Inna Braverman, the Founder and CEO of Eco Wave Power, expressed her enthusiasm about the project, noting how it represents a shift from conceptual agreements to practical implementations. She emphasized the importance of this collaboration, highlighting that BPCL's interest signifies the growing global relevance of wave energy technology. The partnership serves as a foundation upon which larger commercial projects can be developed in the future.

India's Ministry of New and Renewable Energy acknowledges ocean energy as a key player in the nation's renewable energy strategy, and collaboration between Eco Wave Power and BPCL reinforces this direction. With successful advancement in this initial phase, both companies anticipate a series of opportunities for broader wave energy developments in the country.

About the Companies

Bharat Petroleum Corporation Limited (BPCL) is a leading energy company in India, significantly contributing to the nation’s energy security through refining, marketing, and distribution. BPCL operates several major refineries across the country and is at the forefront of exploring innovative renewable energy technologies as part of its long-term sustainability initiatives.

Eco Wave Power Global AB specializes in onshore wave energy solutions. It has developed intelligent systems that convert ocean waves into clean, cost-effective energy using coastal infrastructures. With projects extending globally, Eco Wave Power aims to play a vital role in the transition towards renewable energy, addressing the rising demand for clean energy in conjunction with developing digital infrastructures.

The issuance of the purchase order is just the beginning of what promises to be a revolutionary journey for both Eco Wave Power and BPCL as they explore the future of ocean energy in India.