5,000 Compressed Bio Gas Plants To Come Up By 2023: Union Petroleum Minister Dharmendra Pradhan

5,000 Compressed Bio Gas Plants To Come Up By 2023: Union Petroleum Minister Dharmendra Pradhan

The Sustainable Alternative Towards Affordable Transportation initiative, launched in October 2018, aims to produce compressed-bio gas from agricultural residue for use in the vehicular sector in order to reduce polluting emissions
News, Waste Management
- in News, Waste Management
0
5,000 Compressed Bio Gas Plants To Come Up By 2023: Union Petroleum Minister Dharmendra Pradhan5,000 compressed-bio gas plants, to produce gas from agricultural residue, will be set up in the country by 2023

New Delhi: Around 5,000 compressed-bio gas (CBG) plants will be set up in the country by 2023, while a city gas distribution system covering 400 districts will provide a ready market for the CBG, Petroleum Minister Dharmendra Pradhan said on Wednesday (February 28). Speaking at the handing over event of Letters of Intent (LOI) to private producers for setting up CBG plants under the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme, Mr Pradhan said the marketing of this environment-friendly fuel produced from waste would be facilitated through the City Gas Distribution (CGD) network which would become available in 400 districts.

The SATAT initiative, launched in October 2018, aims to produce CBG from agricultural residue for use in the vehicular sector in order to reduce polluting emissions.

We have already issued LoIs for setting up 100 CBG plants, and we have kept a target of 5,000 such units of various capacity to be set up across the country by 2023, Mr Pradhan said.

Also Read: A Biogas Startup By An IIT-Bombay Alumnus Aims To Fight Air Pollution And Manage Waste

This “waste-to-wealth” scheme is lucrative for prospective entrepreneurs as it provides a guaranteed rate of return, assured 100 per cent offtake by state-run oil marketing companies and abundant raw material, he said.

Given this situation of viability, the banks have said they are quite agreeable to give loans, and the minimum standard of investment is Rs 3 crore.

The government is in also talks with the UN Environment Fund and the Japanese government for providing soft loans for such projects, he added.

A Petroleum Ministry statement said SATAT was launched with a four-pronged agenda of utilising over 62 million tonnes of waste generated every year in the country, cutting down oil imports, job creation and reducing vehicular emissions and pollution from burning of agricultural and organic waste.

CBG production also provides an additional source of revenue for farmers.

Also Read: Electricity From Cowdung: South Delhi Municipal Corporation To Set Up Two Biogas Plants

NDTV – Dettol Banega Swachh India campaign lends support to the Government of India’s Swachh Bharat Mission (SBM). Helmed by Campaign Ambassador Amitabh Bachchan, the campaign aims to spread awareness about hygiene and sanitation, the importance of building toilets and making India open defecation free (ODF) by October 2019, a target set by Prime Minister Narendra Modi, when he launched Swachh Bharat Abhiyan in 2014. Over the years, the campaign has widened its scope to cover issues like air pollutionwaste managementplastic banmanual scavenging and menstrual hygiene. The campaign has also focused extensively on marine pollutionclean Ganga Project and rejuvenation of Yamuna, two of India’s major river bodies.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like

Waste Management Gets A New Dimension As Gurgaon Segregates Waste Into Wet, Dry And Hazardous

Municipal Corporation of Gurugram introduces third bin for the collection of domestic hazardous waste