6 BioCNG plants and more than 11,100 small biogas plants commissioned
The first phase has a budgetary outlay of Rs. 858 Crore.
New Delhi: The Union Minister for New & Renewable Energy and Power has informed that the Ministry of New and Renewable Energy notified the National Bioenergy Programme (NBP) in November 2022 for the period 01.04.2021 to 31.03.2026, this programme, with a budgetary outlay of Rs. 1715 Crore, shall be implemented in two phases.
Join PSU Connect on WhatsApp now for quick updates! Whatsapp Channel
The first phase has a budgetary outlay of Rs. 858 Crore. This programme provides Central Financial Assistance (CFA) for setting up of Bioenergy plants. said Union Minister for New & Renewable Energy and Power Shri R. K. Singh, in a written reply to a question, in Lok Sabha on August 10, 2023.
Read Also : Green Financing Ecosystem at RBI Policy SeminarAs on 31.07.2023, six BioCNG plants and 11,143 small biogas plants have been commissioned, sanctions for which have been issued under the NBP guidelines notified on 02.11.2022.
National Bioenergy Programme, inter alia, promotes the utilization of biomass such as surplus agricultural residue, agro-based industrial residue, industrial wood-waste, forest residue, energy plantation-based biomass etc. for energy generation and therefore would not pose a risk of deforestation.
Read Also : NALCO Captive Power Plant titled winner at 14th International Conference for Fly Ash Utilization - 2025