Now Reading: Cabinet Approves Rs 23,731 Crore GOBARdhan Biogas Scheme
-
01
Cabinet Approves Rs 23,731 Crore GOBARdhan Biogas Scheme
The Union Cabinet has approved a Rs 23,731 crore GOBARdhan scheme to expand compressed biogas production in India. The programme will run from 2026-27 to 2035-36 and aims to increase domestic CBG…
The Story in Brief
The Union Cabinet has approved a Rs 23,731 crore GOBARdhan scheme to expand compressed biogas production in India. The programme will run from 2026-27 to 2035-36 and aims to increase domestic CBG output nearly tenfold, reducing dependence on imported natural gas.
The Petroleum and Natural Gas Ministry will implement the scheme by bringing existing support measures together. City gas distribution companies will buy CBG at Rs 2,110 per MMBTU for at least 10 years. New and expanding plants can receive up to Rs 2 crore for each tonne of daily capacity, along with support for pipeline links, small-business credit and district facilities. The scheme will use cattle dung, crop residue and other organic waste.
The Indian Opinion
The loudest claims will present the scheme as an instant answer to energy security, while critics may dismiss it as another subsidy programme. Neither view is enough. The real test is whether guaranteed purchases lead to functioning plants, reliable feedstock collection and steady payments to farmers and local businesses. Actual CBG output by 2030 will show whether the nearly tenfold target is credible.
Source: bazaar.businesstoday.in
This story was synthesised by AI from the source linked above.
