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Сентябрь
2024

Incentives, local support at state can boost biogas sect, says industry

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Additional financial assistance, easy access to finance and local support mechanisms are some of the measures that the state governments can take to promote the biogas sector which can help them save Rs 50,000 crore in various means, Indian Biogas Association (IBA) has suggested.

Talking to PTI in an interview, IBA Chairman Gaurav Kedia said, "States can bolster central initiatives for the sector by offering additional financial incentives, facilitating easy access to credit, and providing local support mechanisms."

He stressed that involvement of state governments is critical to achieve the larger goal of self-reliance in energy.

State governments can save up to Rs 50,000 crore through the biogas sector, he said, adding that savings could be in the form of waste management and pollution reduction, biogas production and health improvements of population.

He cited the example of the Uttar Pradesh government, which offers an additional Rs 75 lakh per ton of production capacity (up t