close

Centre sticking to target of 5,000 compressed biogas plants by FY25

Announced in 2018, SATAT scheme has been able to establish only 46 CBG plants until now

Subhayan Chakraborty New Delhi
Representative image
Premium

Commercial CBG procurement prices may also be raised soon, officials hinted

Listen to This Article

The launch of 200 small-scale compressed biogas (CBG) projects, state-led growth, and higher commercial sale rates, along with a host of separate policy measures, can still boost a key central scheme to push up CBG production in India, the government believes.
Top officials from the Ministry of Petroleum and Natural Gas (MoPNG) recently told industry stakeholders at a meeting in Delhi that it will not scale back the target of setting up 5,000 commercial CBG plants by 2024-25 under the Sustainable Alternative Towards Affordable Transport (SATAT) scheme.
Launched in 2018, SATAT aims at incentivising the production of CBG from various biomass sources. But the scheme has lagged behind targets, with the country only being able to establish 46 CBG plants so far. This may change soon, said officials.
Or

Also Read

AU Small Finance tumbles 5% in 4 sessions; what should investors do?

Hindustan Petroleum posts consolidated net loss of Rs 2,172 crore in Q2

What is a small modular nuclear reactor?

Old pension scheme: Is politics trumping economics?

Finance Ministry sharply raises small savings rates for March quarter

Indian economy demonstrates strength, GDP to grow at 6% in FY23: Acuite

Mattresses supplied to school hostels not exempt from GST: Tamil Nadu AAR

Tax trouble: GST authorities quiz auto dealers on fake invoicing

Industrial credit growth slips to a 12-month low of 7% in February

India may propose mutual settlements in local currencies at SCO IBC meeting

First Published: Apr 26 2023 | 7:49 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to read more on Business-Standard.com