NewKerala.com

New CBG Policy to Boost Bio-Gas Value Chain, Says Minister Hardeep Singh Puri

The Centre will soon introduce a new Compressed Bio-Gas (CBG) policy to strengthen the bio-gas value chain, as announced by Union Minister Hardeep Singh Puri. The policy will provide financial support for biomass aggregation machinery and include schemes to expand pipeline infrastructure for better distribution. This initiative aligns with India's broader commitment, reiterated by the Prime Minister, to invest heavily in the energy sector. The announcement was made at India Energy Week, which also saw partnerships like Indian Oil's MoU with ENGIE for LNG and gas sector cooperation.

Key Points: New CBG Policy for Bio-Gas Value Chain Announced

  • New CBG policy soon
  • Financial support for biomass machinery
  • Schemes for pipeline infrastructure
  • Part of $500B energy investment
  • Aims to boost cleaner energy transition
2 min read

Centre to soon roll out new CBG policy to strengthen Bio-Gas value chain: Hardeep Singh Puri

Centre to roll out new Compressed Bio-Gas policy focusing on financial support for biomass and pipeline infrastructure, strengthening India's clean energy shift.

"The policy will focus on providing financial support for biomass aggregation machinery - Hardeep Singh Puri"

New Delhi, Jan 29

The Centre will soon introduce a new policy on Compressed Bio-Gas to further strengthen the existing framework across the entire bio-gas value chain, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Thursday.

Speaking to IANS on the sidelines of India Energy Week in Goa, Puri said the upcoming CBG policy will build on the deliberations and outcomes of the discussions held during the event.

"The policy will focus on providing financial support for biomass aggregation machinery and will also include schemes aimed at expanding pipeline infrastructure, helping improve the transportation and distribution of bio-gas across the country," Puri stated.

The minister said the government is committed to creating a strong and sustainable energy ecosystem, adding that India's policy framework for CBG is already robust and the new measures will further strengthen the sector.

"Bio-gas and CBG play an important role in India's transition towards cleaner and more affordable energy sources, especially in rural and agricultural regions," the minister said speaking after a two-day high-level conference held on January 28 and 29.

Puri also highlighted India's broader energy ambitions, reiterating Prime Minister Narendra Modi's commitment to invest around $500 billion in the energy sector in the coming years.

"India Energy Week has emerged as a key platform to showcase India's growing role in the global energy landscape and to attract international partnerships," Puri told IANS.

On international cooperation, the minister referred to the India-European Union free trade agreement talks, saying energy collaboration will be an important component of deeper economic engagement between India and the EU.

He also spoke about global developments, including disturbances in West Asia, and said such geopolitical factors have an impact on energy markets, making energy security a top priority for India.

Puri further informed that Indian Oil Corporation has signed a memorandum of understanding with French energy major ENGIE to explore strategic cooperation in the LNG and gas sector.

He said the partnership will help Indian Oil strengthen its presence across the entire LNG and natural gas value chain and enhance India's access to cleaner fuels.

- IANS

Share this article:

Reader Comments

S
Sarah B
Investing in bio-gas infrastructure is smart for energy security, especially with the global situation. The $500 billion figure for the energy sector is massive. Hope a significant portion goes to renewables like this and not just fossil fuels.
R
Rohit P
Good to see focus on the entire value chain. The pipeline infrastructure part is crucial. We have great policies on paper, but last-mile connectivity for distributing CBG to households and industries is often missing. MoU with ENGIE sounds promising for tech transfer.
P
Priya S
As someone working in the sustainability sector, I welcome this. However, I hope the "financial support for biomass aggregation machinery" is designed with small farmers and women-led self-help groups in mind. They are the backbone of rural biomass supply. Inclusive policy is key.
M
Michael C
The India-EU collaboration angle is interesting. European countries have advanced biogas technology. If this policy can attract that expertise and investment, it could really accelerate India's clean energy transition. Energy Week seems to be paying off.
K
Karthik V
We hear about many policies. Implementation is what matters. The previous SATAT scheme had potential but faced hurdles. Hope this new policy has clear timelines, accountability, and addresses the pricing issues that plagued earlier initiatives. Cautiously optimistic.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50