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Showing posts from January, 2021

India all poised to get Rs. 2 trillion investments for CBG plants

  India has always been a key market for the entire world since ages and this is especially true when it comes to biogas production. The country will attract investments of Rs. 2 trillion for the setup of more than 5000 compressed biogas plants in India , said petroleum minister, Dharmendra Pradhan later last year. Pradhan was addressing an event post signing an MOU for setting up 900 compressed biogas plants across the country. These CBG plants are part of the visionary SATAT initiative by the Indian government. SATAT stands for- Sustainable Alternative Towards Affordable Transport. The MOUs were signed with the most renowned brands such as Torrent Gas, Adani Gas, JBM group and Petronet LNG. But that’s not it! MOUs were also signed with technology providers such as Praj Industries, CEID consultants, Indian Oil, and Bharat Biogas Energy for setting up biogas plants in India . Pradhan also informed that about Rs. 30,000 crores of investment is estimated in these 900 plants. He added t