Jain Irrigation signs deal for up to 19,000 tonnes of biochar credits
JISLJALEQS · price
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Jain Irrigation Systems has signed an agreement with carbon removal marketplace Supercritical covering up to 19,000 tonnes of biochar carbon removal credits from its Jalgaon, Maharashtra plant for 2026 and 2027. The plant turns crop and food processing residues into biochar, which stores carbon in soil. Credits are undergoing verification by Puro.earth and an independent BeZero Carbon rating. Financial terms were not disclosed.
Adds a possible new income stream from carbon credits and strengthens Jain's sustainability profile. The earnings impact is unclear because deal values were not disclosed.