EID Parry in talks with Indian Oil to start Compressed Biogas production

Company says plans are currently at evaluation stage only; unit may require tie-up with OMC and an investment partner as well

EID Parry, the sugar manufacturing company under Murugappa Group, is in talks with Indian Oil Corporation and other firms to explore opportunities in producing Compressed Biogas (CBG), following the central government's announcement in October to start 5,000 CBG plants to curb oil imports. It may require a long-term contract with the oil marketing firm and an investment partner for this, said senior officials from EID Parry. Oil Marketing firms like Shell and IOCL are trying to tie up with the sugar mills, said the company. 

"The raw material source for compressed biogas could be predominantly from press mud, spent wash, bagasse.