New Delhi: Renewable Energy India Expo 2022 scheduled for later this month will bring in investment opportunities worth Rs 800 crore for the biogas sector, the Indian Biogas Association (IBA) said on Thursday (September 15). IBA is an industry association comprising operators, manufacturers, and planners of biogas plants. Renewable Energy Expo (REI) is scheduled for September 28-30, 2022 at India Expo Centre, Greater Noida, Uttar Pradesh. The bio-energy pavilion is supported by the Ministry of New and Renewable Energy (MNRE) , Niti Aayog, Punjab and Maharashtra Energy Development Agency (PEDA and MEDA).
The expo focuses on renewable energy (bio-energy, solar, and wind) and energy efficiency technologies including electric vehicles and battery storage.
We are expecting almost 15,000 footfalls with the renewed interest and MNRE’s push towards the bio-energy sector. This is the reason we have opted for a separate pavilion for our exhibitors, A R Shukla, IBA President said in a statement.
With 40 more large-scale biogas plants commissioned by this financial year, IBA expects the present CBG (compressed biogas) capacity to go up by one lakh tonne. The industry has sold 9,000 tonne of CBG worth Rs 486 crore in the last 3 years, post the launch of the SATAT scheme by the government.
Sustainable Alternative Towards Affordable Transportation (SATAT) is a government initiative taken up to extract economic value from bio-mass waste in the form of CBG and bio-manure.
We had urged the government to double the outlay to Rs 900 crore recently. We are expecting the MNRE to announce a proper incentive under Central Financial Assistance (CFA) for commissioning of new CBG projects, Mr. Shukla added.
Gaurav Kedia, Chairman, IBA said renewable energy has a major role in meeting the energy demands of India, which is expected to reach 15,820 terawatt-hour (TwH) by 2040.
(This story has not been edited by NDTV staff and is published from a syndicated feed.)
NDTV – Dettol have been working towards a clean and healthy India since 2014 via the Banega Swachh India initiative, which is helmed by Campaign Ambassador Amitabh Bachchan. The campaign aims to highlight the inter-dependency of humans and the environment, and of humans on one another with the focus on One Health, One Planet, One Future – Leaving No One Behind. It stresses on the need to take care of, and consider, everyone’s health in India – especially vulnerable communities – the LGBTQ population, indigenous people, India’s different tribes, ethnic and linguistic minorities, people with disabilities, migrants, geographically remote populations, gender and sexual minorities. In wake of the current COVID-19 pandemic, the need for WASH (Water, Sanitation and Hygiene) is reaffirmed as handwashing is one of the ways to prevent Coronavirus infection and other diseases. The campaign will continue to raise awareness on the same along with focussing on the importance of nutrition and healthcare for women and children, fight malnutrition, mental wellbeing, self care, science and health, adolescent health & gender awareness. Along with the health of people, the campaign has realised the need to also take care of the health of the eco-system. Our environment is fragile due to human activity, which is not only over-exploiting available resources, but also generating immense pollution as a result of using and extracting those resources. The imbalance has also led to immense biodiversity loss that has caused one of the biggest threats to human survival – climate change. It has now been described as a “code red for humanity.” The campaign will continue to cover issues like air pollution, waste management, plastic ban, manual scavenging and sanitation workers and menstrual hygiene. Banega Swasth India will also be taking forward the dream of Swasth Bharat, the campaign feels that only a Swachh or clean India where toilets are used and open defecation free (ODF) status achieved as part of the Swachh Bharat Abhiyan launched by Prime Minister Narendra Modi in 2014, can eradicate diseases like diahorrea and the country can become a Swasth or healthy India.