Replacing natural gas consumption with biogas and biomethane incrementally to 20 per cent by 2030 can help India cut liquefied natural gas import bills by USD 29 billion between financial years 2025 and 2030, according to a new report. The report from the Institute for Energy Economics and Financial Analysis (IEEFA), underscores the environmental advantages of expanding biogas projects, including waste management, reduction of greenhouse gas (GHG) emissions, and enhanced renewable energy production. According to the report's author Purva Jain, an energy analyst at IEEFA, "Biogas has the potential to replace natural gas and other high-emission fossil fuels. By eliminating carbon dioxide (CO2) and impurities like hydrogen sulfide, its methane content can be upgraded to 90 per cent, making it calorifically equivalent to natural gas. This upgraded biogas, known as biomethane, is pipeline-ready and can be integrated into gas grids as a non-fossil gas, she said. "By adopting appropriate
Biofuel alliance can generate opportunities worth USD 500 billion in the next three years for G20 countries, according to Indian Biogas Association (IBA). Biofuel alliance can be a win-win situation for G20 countries and the environment, IBA said. According to a study by the IBA, the biofuel alliance can generate opportunities worth USD 500 billion in the next three years for G20 countries. The findings of the study assume significance as India is currently hosting the G20 leaders' Summit in New Delhi. Biogas can generate an opportunity of USD 200 billion, considering the least investment required, compared to other energy generation options and easy availability of raw materials, it stated. Bioenergy/Biogas, in principle, has the potential to replace fossil fuels completely, especially to decarbonize the transport sector, it pointed out. In 2016, the G20 adopted a voluntary action plan on renewable energy, which committed members to increase the share of renewable energy in thei
Hopes rise of streamlined supply-chain of feedstock, higher off-take
Suzuki has said earlier that they have plans to develop CNG automotive solutions around biogas in India, and also export to other farming regions like Africa, Asean, Japan in the future
Suzuki Motor Corporation on Wednesday said it has inked a pact with National Dairy Development Board (NDDB), and Gujarat-based Banas Dairy to set up four biogas plants in Gujarat with an investment of around Rs 230 crore. The three-party agreement between Suzuki R&D Center India, a wholly- owned subsidiary of Suzuki, NDDB and Banas Dairy was inked in Tokyo on Wednesday. The project is aimed at making fuel for automobiles by refining methane from biogas, which is generated by fermenting cow dung, the Japanese carmaker said in a statement. Four biogas production plants will be operated from 2025 in Banaskantha district of Gujarat, it added. Total investment on the four plants is expected to be Rs 230 crore, Suzuki said in a statement. Also, a biogas filling station will be established alongside each plant, which will distribute fuel for CNG vehicles in which Maruti Suzuki holds over 70 per cent market share in India, it added. "Suzuki is tackling to reduce greenhouse gas in ways ..
Target of setting up 5000 plants till 2023 heavily lagging behind
Oil Minister Dharmendra Pradhan has said that India will see an investment of Rs 2 lakh crore in setting up 5,000 plants that will produce gas from bio and crop wastes by 2023-24
JBM Group, Adani Gas, Torrent Gas and Petronet LNG among companies that will set up the units.
The government would earmark funds for the project that would make it attractive for farmers to sell their waste rather than burn it
Pradhan said there is a potential to produce 62 million tonnes of CBG from wastes
Govt will also organise job fairs in all districts of the state to provide employment, said Goel