CBG
GAIL advances net zero emission target to 2035 GAIL accelerates its net zero carbon emission goal to 2035, aligning with India's commitments. The strategy includes electrification, renewables, and proactive emission reduction measures, reinforcing GAIL's pivotal role in India's sustainable devel...
28 Jun, 2024, 09.34 PM ISTIOC, GPS Renewables form joint venture for sustainable energy solutions Indian Oil Corporation (IOC) partners with GPS Renewables Pvt Ltd to establish a joint venture dedicated to advancing biofuel adoption in India.
19 Jun, 2024, 06.57 PM ISTIndian Biogas Association demands Rs 90 per kg fixed rate for procurement of compressed biogas The Indian Biogas Association (IBA) is advocating for a fixed procurement price of Rs 90 per kg for biogas by oil and gas marketing companies, aiming to boost the sector and emphasize its environmental benefits. Currently, the procurement price of c...
16 Jun, 2024, 02.32 PM IST- ADVERTISEMENT
ONGC to form an equal JV with EverEnviro to build 10 CBG plants Oil and Natural Gas Corp (ONGC) and EverEnviro Resource Management Pvt Ltd are joining forces to construct 10 compressed biogas (CBG) plants, leveraging various feedstocks to reduce CO2 emissions by 7.5 lakh tons annually. ONGC, transitioning into t...
30 May, 2024, 03.56 PM ISTREnergy Dynamics enters renewable energy space, eyes Rs 5,000 crore order book by 2029 REnergy Dynamics (RED) announced its entry into the renewable energy sector with plans to achieve an order book of Rs 5,000 crore by 2029, currently holding projects worth Rs 575 crore. The company aims to secure orders through large-scale bioenergy...
27 May, 2024, 04.28 PM ISTIndia's petrol consumption doubles in a decade Between 2013-14 and 2023-24, the annual consumption of petrol increased 117%, diesel 31%, aviation turbine fuel 50% and LPG 82%, according to the petroleum and natural gas ministry data. Kerosene consumption slumped 93% during this period as the gov...
10 Apr, 2024, 12.01 AM ISTCompressed bio gas plants to be set up in Raipur, Bhilai; initial pact with BPCL signed As per the pact, BPCL- a central PSU, will set up CBG plants in Raipur and Bhilai with an investment of around Rs 100 crore and the capacity of each plant will be 100-150 tonne per day.
13 Mar, 2024, 04.04 PM ISTUttar Pradesh soon to have 100 CBG plants: Union minister Puri Union Petroleum Minister Hardeep Singh Puri announced Uttar Pradesh's plans to have 100 compressed bio-gas (CBG) plants soon, highlighting their role in environmental conservation and farmers' income. Indian Oil's newly inaugurated CBG plant in the ...
08 Mar, 2024, 09.44 PM ISTNexgen Energia to invest Rs 3,000 cr to set up CBG plant in Gujarat Nexgen Energia plans to invest around Rs 3,000 crore in a compressed biogas (CBG) plant in Gujarat, India. The company presented a proposal to Gujarat Chief Minister Bhupendrabhai Patel during a meeting. The CBG plant will supply compressed biogas d...
06 Mar, 2024, 10.47 PM ISTRIL plans to spend Rs 5,000 crore on Compressed Biogas Plants (CBG) Reliance Industries Ltd (RIL) plans to set up over 50 compressed biogas (CBG) plants in the next two years. CBG is a green fuel similar to CNG. RIL aims to reduce carbon emissions, produce organic manure, and retail CBG and bio-CNG at Jio-BP outlets.
26 Feb, 2024, 01.19 AM ISTTurning waste into wealth: NexGen Energia's innovative CBG plant promotes eco-friendly sustainable energy NexGen Energia will establish 38 compressed biogas plants using Napier grass, revolutionising India's energy landscape. The plants address waste management challenges, provide clean energy, reduce carbon footprint, create jobs, stimulate the rural e...
16 Feb, 2024, 11.24 AM ISTBudget 2024: A shot in the arm for green energy initiatives In the Interim Budget, Finance Minister Nirmala Sitharaman introduced financial assistance for the procurement of biomass aggregation machinery to facilitate compressed bio gas (CBG) production. This measure aims to address the funding challenges fa...
01 Feb, 2024, 03.38 PM ISTSolidify the huge biogas potential Till June 1, 2022, 3,263 letters of intent (LoIs) were issued to entrepreneurs, of which only 35 were completed. By August 2023, public oil and gas companies cancelled 87 LoIs. The good news is that in the last quarter, nearly half a dozen public an...
05 Jan, 2024, 10.55 PM ISTGAIL, TruAlt Bioenergy announce $72 million investment through CBG joint venture GAIL India and truAlt Bioenergy Limited, an ethanol producer in India, have signed a term sheet for GAIL's 49% equity participation in TruAlt's joint venture company Leafinti Bioenergy Limited, which owns and operates India's second compressed bio g...
03 Jan, 2024, 01.23 PM ISTReliance Industries Ltd and DBS Bank partner to finance CBG projects Reliance Industries has partnered with DBS Bank India to launch a financing program for compressed biogas (CBG) plants. The collaboration aims to facilitate the development of an ecosystem for vendor partners to aggregate agricultural residue as inp...
13 Dec, 2023, 04.29 PM ISTPursuing green, energy giants like Reliance Industries, Adani Group zero in on biogas Now, the humble biogas has caught the fancy of some leading energy players of India Inc. Last week Reliance Industries announced its plans to set up 100 compressed biogas (CBG) plants. Adani Group's Adani Total Gas is planning to set up five CBG pla...
05 Sep, 2023, 01.12 PM ISTAfter parliamentary panel flags limited CBG progress, state oil firms cancel 87 LoIs After the standing committee on petroleum and natural flagged the issue of LoIs, the oil ministry advised state-run oil and gas companies to review the selection criteria for LoI issuance “so that only serious applicants are selected and also to wit...
03 Aug, 2023, 08.13 PM ISTGovt pushes for CBG blending in natural gas; Oil ministry proposes 5% mandatory blending: ET Now Sources According to ET Now sources, govt pushes for CBG blending in natural gas. By when could the likely mandate take effect? From size to cost, ET Now's Prakash Priyadarshi is here with the details of the proposal. Govt pushes for CBG blending in natural...
28 Jul, 2023, 09.22 AM ISTMGL to expand into CBG, LNG & EV segments Last month, MGL acquired 100 percent shareholding of Unison Enviro Pvt. Ltd. (UEPL) for ₹531 crore to enter new geographical areas for pursuing inorganic growth opportunities. MGL said Unison Enviro would become a subsidiary and would be rebranded.
27 Apr, 2023, 06.40 AM ISTWe have advanced our target to achieve 20% ethanol blending in petrol from 2030 to 2025-26: Petroleum Minister Hardeep Singh Puri The Union Minister also said that the production of CBG would have multiple benefits viz., reduction of natural gas imports, reduction of GHG emission, reduction in the burning of agriculture residues, providing remunerative income to farmers, emplo...
18 Apr, 2023, 07.29 AM IST