Indian Biogas Association proposes over $4000 million investment for compressed biogas plants

The Indian Biogas Association has proposed an investment of ₹30,000 crore (about $4000 million) for procuring machinery and equipment needed to supply biomass to compressed biogas plants. This will help ensure a reduction of 12 MMTA of LNG import.

“Utilising agricultural residues like paddy straw for bioenergy production and soil enrichment instead of burning those offers a dual benefit as it provides renewable energy sources while enhancing soil health,” said Indian Biogas Association Chairman Gaurav Kedia to Press Trust of India.