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Monday, December 23, 2024 | 06:19 AM ISTEN Hindi

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Indian CBG industry will see interest from investors: EverEnviro MD

EverEnviro Managing Director & Chief Executive Officer Mahesh Girdhar speaks about India's second stab at Compressed Bio-Gas, after an initial attempt to convert waste-to-gas failed

EverEnviro MD Mahesh Girdhar
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EverEnviro Managing Director & Chief Executive Officer Mahesh Girdhar

S Dinakar Chennai
India’s first attempt at converting its mounting waste, which is choking cities and the countryside, to cleaner natural gas completely failed – as a standing committee report on Compressed Bio-Gas (CBG) pointed out. Against a target of installing 5,000 CBG plants in six years by 2023-24, only 40 plants have come up – with only 9,000 tons of CBG sold as against an output target of 15 million tons per year by 2023-24, equivalent to 54 million cubic metres of gas a day. At such output levels, India could have eliminated two-thirds of its LNG imports.

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