Highlights

  • Compressed biogas will satisfy India's energy needs: Hardeep Puri
  • 85% of India's crude oil demands are met through imports
  • The selling of compressed biogas has already begun

Latest news

Russian missile barrage on Kyiv kills one, damages diplomatic missions

Russian missile barrage on Kyiv kills one, damages diplomatic missions

2,200 cases of violence against Hindus, other minorities in Bangladesh: Govt

2,200 cases of violence against Hindus, other minorities in Bangladesh: Govt

Holiday special train begins on UNESCO world heritage Shimla-Kalka railway line

Holiday special train begins on UNESCO world heritage Shimla-Kalka railway line

Poco M7 Pro 5G Review: Best Budget champ? Check Pros and Cons

Poco M7 Pro 5G Review: Best Budget champ? Check Pros and Cons

Parliament's session ends amid deepening political animosity, records low productivity

Parliament's session ends amid deepening political animosity, records low productivity

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

India's energy needs may be met by expanding compressed biogas, according to Union Minister Puri

According to Union Minister, Hardeep Singh Puri, the government has set an ambitious goal to build 5,000 commercial Compressed biogas facilities and produce 15 million metric tonnes of Compressed biogas by 2024–25

India's energy needs may be met by expanding compressed biogas, according to Union Minister Puri

Compressed biogas (CBG) growth will enable India to satisfy its increased energy needs from domestic sources, according to Union Minister of Petroleum and Natural Gas Hardeep Singh Puri.

85% of India's crude oil demands and more than 50% of its needs for natural gas are met through imports.

The government has an ambitious goal to install 5,000 commercial compressed biogas (CBG) plants by 2024–2025 and create 15 million metric tonnes of CBG, which will replace other gases now used in the nation, said the union minister while speaking at the Global Conference on Compressed Biogas.

The oil minister also stated that the selling of CBG has begun at more than 100 retail locations and that 46 CBG plants have already been put into operation.

Puri stressed that the establishment of CBG projects under the auspices of the GOBARdhan (Galvanising Organic Bio-Agro Resources Dhan) scheme will receive special attention in the Budget 2023, which will significantly accelerate India's biogas and clean energy revolution.

The establishment of 200 CBG plants and 300 community and cluster-based biogas plants will be funded with Rs 10,000 crore from this year's budget, according to Finance Minister Nirmala Sitharaman, as reported by money control.

ADVERTISEMENT

Up Next

India's energy needs may be met by expanding compressed biogas, according to Union Minister Puri

India's energy needs may be met by expanding compressed biogas, according to Union Minister Puri

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Indian Stock Market Indices: Sector Analysis Performance Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

Global Stock Market Indices: How the World Markets Performed Today - 20 December, 2024

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

NSE Nifty 50 Top Gainers: What are the 5 Biggest Stock Gainers Today (Dec 20)?

Nifty 50: Top losers today - 20 December 2024

Nifty 50: Top losers today - 20 December 2024

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar

Rupee recovers from all-time low, gains 10 paise to 85.03 against US dollar

ADVERTISEMENT

editorji-whatsApp

More videos

Trump threatens tariffs if EU doesn't buy more oil, gas

Trump threatens tariffs if EU doesn't buy more oil, gas

Honda Cars to hike vehicle prices by up to two per cent from Jan 2025

Honda Cars to hike vehicle prices by up to two per cent from Jan 2025

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

Global stocks struggle amid inflation, economic fears: December 19, 2024 analysis

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

India's electric vehicle market to reach Rs 20 lakh crore by 2030, says Nitin Gadkari

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

Mallya Calls for Justice Over Excess Debt Recovery and Legal Inconsistencies

UK PM Keir Starmer hosts Indian business chiefs to boost investments

UK PM Keir Starmer hosts Indian business chiefs to boost investments

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

Bangladesh Government Plans to Renegotiate Power Deal with Adani Power, Citing Unfair Terms

New Zealand falls into recession with abrupt economic slowdown

New Zealand falls into recession with abrupt economic slowdown

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.