New Delhi: The Ministry of New and Renewable Energy is implementing a Waste to Energy (WTE) Program to generate biogas, BioCNG, and electricity from urban, industrial, and agricultural waste. The program has a budget of Rs 600 crore for the period 2021-22 to 2025-26, and it provides central financial assistance to interested developers who set up WTE plants.
In addition, the Ministry of Petroleum and Natural Gas is promoting the Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, which aims to set up 5,000 BioCNG plants by 2023-24 to produce 15 MMT of BioCNG from waste materials.
The SATAT initiative encourages entrepreneurs to set up BioCNG plants and sell the BioCNG to Oil Marketing Companies as automotive fuel. As of October 31, 2022, 3,694 letters of intent have been issued for BioCNG capacity addition of 23,868 tons per day.
This information was given by R.K Singh Union Minister of Power and MNRE in a written reply in Lok Sabha today.
📢 Partner with India CSR
Are you looking to publish high-quality blogs or insert relevant backlinks on a leading CSR and sustainability platform? India CSR welcomes business and corporate partnership proposals for guest posting, sponsored content, and contextual link insertions in existing or new articles. Reach our highly engaged audience of business leaders, CSR professionals, NGOs, and policy influencers.
📩 Contact us at: biz@indiacsr.in
🌐 Visit: www.indiacsr.in
Let’s collaborate to amplify your brand’s impact in the CSR and ESG ecosystem.
