The government sees compressed bio-gas as a domestic solution to LNG.<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n
In a bid towards energy security, the Union Cabinet on Thursday approved a Rs 23,731 crore GOBARdhan scheme for bio gas. GOBARdhan or the Galvanizing Organic Bio- Agro Resources Dhan scheme aims to push for the production of compressed bio-gas.The move assumes significance in the backdrop of the ongoing Middle East crisis which has exposed India\u2019s vulnerability to natural gas imports. India at present imports around 50% of its natural gas consumption. The Strait of Hormuz disruption impacted 55\u201360% of India’s LNG imports. The government sees compressed bio-gas as a domestic solution.<\/p>\n
GOBARdhan scheme: All you want to know<\/h2>\n<\/p>\n
The scheme has six pillars: assured offtake, price stability, capex support, pipeline infra development, credit guarantee, and challenge fund for innovation.Government-backed administered CBG (Compressed Bio-Gas) price aims to insulate buyers from global fuel price volatility.<\/p>\n
\n
\n
Capital support: Up to Rs 2 crore\/TPD (tons per day) for plant, feedstock systems and organic manure processing machinery.<\/li>\n
Pipeline infrastructure infrastructure support Compressed Bio-Gas plants connected to trunk and City Gas networks<\/li>\n
Credit guarantee: Up to 85% cover on eligible loans for MSME-led projects<\/li>\n
Challenge Fund: Supporting district-level implementation, feedstock development, research and innovation, technology adoption, by-product value addition and stakeholder awareness.<\/li>\n<\/ul>\n<\/div>\n
Expected Benefits over a decade<\/p>\n
\n
\n
CBG production grows by 10X, attracting private investment<\/li>\n
Reduces energy import dependence and saves over Rs 40,000 Crore in forex<\/li>\n
Clean, home-grown gas displaces 10 MMT of fossil fuel<\/li>\n
A new industry will add more than Rs 75,000 Crore to national GDP<\/li>\n
Over 1.5 lakh jobs will be generated<\/li>\n
Diverting waste from landfills into fuel cuts 40+ MT of CO\u2082 emissions<\/li>\n
250 MMT of organic fertilizer produced<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n
![\"India](\"https:\/\/static.toiimg.com\/thumb\/msid-132999659,imgsize-679262,width-400,height-225,resizemode-4\/bio-gas.jpg\" "\\"The")
<\/div>\n<\/div>\n<\/div>\n