• Thursday, April 25, 2024

Business

Indian Government to Setup 5000 Compressed Biogas Plants in Next Five Years

Indian Govt to Setup 5000 Compressed Biogas Plants in Next Five Years (Photo: JEAN-FRANCOIS MONIER/AFP/Getty Images).

By: Radhakrishna N S

Indian government is keen to set up 5000 compressed biogas (CBG) plants in the next five years, and for this purpose, production offtake guarantee is being given for such plants, said India’s petroleum minister Dharmendra Pradhan on Monday (1) launching an innovative initiative, SATAT in New Delhi, with PSU Oil Marketing Companies (OMCs) inviting Expression of Interest (EoI) from potential entrepreneurs to set up CNG production plants and make available CBG in the market for use in automotive fuels. Speaking on the occasion, the petroleum minister added that the Swachhta (cleanliness drive) fortnight is being observed throughout the country, and…

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