India to Launch Compressed Bio Gas Policy, Eyes $500B Energy Opportunity

The Ministry of Petroleum and Natural Gas will soon introduce a policy on Compressed Bio Gas, building on existing frameworks. Union Minister Hardeep Singh Puri highlighted a $500 billion investment opportunity in India's energy sector during India Energy Week in Goa. He noted that 27 top global and Indian CEOs expressed strong confidence in India's growth trajectory and policy stability during a meeting with the Prime Minister. Puri also confirmed that negotiations for the long-pending India-EU Free Trade Agreement have concluded, with implementation expected in 2026.

Key Points: India's New CBG Policy & $500B Energy Sector Opportunity

  • New CBG policy soon
  • $500B energy investment opportunity
  • Positive CEO feedback on India
  • India-EU FTA negotiations concluded
  • 27 global CEOs met PM Modi
2 min read

Govt soon coming up with policy on Compressed Bio Gas: Hardeep Singh Puri

Union Minister Hardeep Puri announces upcoming Compressed Bio Gas policy, highlights $500B energy investment opportunity and positive CEO feedback on India's growth.

"India's economic trajectory offer a USD 500 billion opportunity in the energy sector - Hardeep Singh Puri"

New Delhi, January 29

The Ministry of Petroleum and Natural Gas will soon be coming up with a policy on Compressed Bio Gas which will work on the strong policy base already in place across the CBG value chain, financial assistance for biomass aggregation machinery, and scheme for development of pipeline infrastructure, said Union Minister Hardeep Singh Puri on Thursday.

While speaking at the India Energy Week in Goa, Puri said, "We had convened this high level conference (India Energy Week) on 28th and 29th January, where the key outcomes were presented, based on which, the policy will be formulated."

In an exclusive interaction with ANI, Puri said, "India's economic trajectory offer a USD 500 billion opportunity in the energy sector, and USD 100 billion in exploration and production. 27 top CEOs, both from India and abroad, met with PM Modi yesterday, and the general message from everyone was about how they view the Indian trajectory - very positive vibes."

"One CEO said we have invested USD 5 billion, and we are going to invest more. So, India is today very central to all the global discourse on energy, both in terms of consumption, energy transition, sustainability, and the ecosystem," Puri said.

On the India-EU FTA, Minister Puri said, "This FTA has been in the works for many, many years. As far as I remember, it started in 2006-07. In 2013, they were expecting to conclude it. The good news is that the negotiations have finally concluded. Now it's time for cleaning up the legal text, etc., and as Piyush Goyal ji said, we are fully hopeful that it will be implemented in 2026."

During interaction with PM Modi on Wednesday, the CEOs expressed strong confidence in India's growth trajectory. They conveyed their keen interest in expanding and deepening their business presence in India, citing policy stability, reform momentum, and long-term demand visibility.

Welcoming the CEOs, Prime Minister said that these roundtables have emerged as a key platform for industry-government alignment. He emphasized that direct feedback from global industry leaders helps refine policy frameworks, address sectoral challenges more effectively, and strengthen India's position as an attractive investment destination.

- ANI

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Reader Comments

S
Sarah B
Good to see focus on sustainable energy. The $500B opportunity is massive. But implementation is key - past schemes sometimes get lost in bureaucracy. Hope this one has clear targets and accountability.
V
Vikram M
Finally! We have so much potential in biogas. My village in Punjab could run on paddy straw alone. This policy must support small-scale local plants, not just big corporate projects. Jai Hind!
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Rohit P
The CEO meetings sound promising. Foreign investment is good, but hope Indian companies get equal opportunity. Energy security should mean self-reliance too.
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Priya S
Excellent news! Solving two problems - waste management and clean energy. Hope they involve women's self-help groups in biomass collection, can be a great livelihood source. 👏
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Michael C
The India-EU FTA concluding is big. Should help with technology transfer for green energy. India's market size combined with European tech can accelerate this transition faster.

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