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 that a crystal clear roadmap has been prepared and the MOUs were aimed at
900 compressed biogas plants in India, while letter of intent for 600 biogas plants
have already been given. The total investment for 5000 plants will be a
whopping Rs. 2 trillion, said the petroleum minister. SATAT is a key initiative
by the government of India which is aimed at increasing the production and
availability of compressed biogas as an affordable and clean alternative for
transportation. That’s because compressed biogas has immense potential and it
can help reduce fuel import by a significant margin which will be no less than
Rs. 1 trillion. Reserve Bank of India (RBI) has also included compressed biogas
in the priority sector and that speaks volumes about the government’s emphasis
on the production of CBG.
There are a number of
benefits of the SATAT initiative. Farmers, rural areas and tribal will also get
benefitted with the initiative. SATAT is an initiative that demonstrates
multi-pronged approach. Apart from the inclusion of agricultural waste, animal
husbandry waste, marine waste and forest waste, the initiative also includes a
liberalized policy regime to facilitate ease of business, financing and
technology support and off-take guarantee and all of this is in order to double
the income of farmers whilst increasing employment generation and producing
clean energy. Biogas
purification plants will also ensure an all-round sustainable development
which will open several avenues from fuel generation, employment generation and
economic development view-point.
For more information
related to biogas to bio-CNG plants, feel free to get in
touch with us. We will be more than happy to answer all your queries regarding biogas production.
Comments
Post a Comment