BPCL and GPS Renewables created a joint venture to develop compressed biogas plants: Bharat Petroleum Corporation Limited (BPCL) and GPS Renewables Private Limited have signed a joint venture agreement to set up a compressed biogas (CBG) plant across India. The joint venture agreement was signed by BPCL Head (Corporate Strategy) Committee Pai and GPS Renewable CEO and co-founder Manak Chakraborty in the presence of BPCL directors Sanjay Khanna and Raj Kumar Dubey.

Through this joint venture, 8-10 CBG plants will be developed in Bihar, Odisha, Punjab, Uttar Pradesh and West Bengal. These places were selected on the basis of availability of agricultural biomass and urban gas distribution coverage of BPCL.

 

The purpose of this initiative is to convert organic waste into CBG using waste from waste to CBG. The objective of this initiative is to support waste management, reduce greenhouse gas emissions and generate rural income through the purchase of agricultural residues. This joint initiative is in line with national programs such as cow dung, sustainable and CBG mix obligation.

Demand for clean energy options in India is increasing due to climate commitments and energy security goals. Compressed biogas (CBG) is emerging as a major component in this change, providing a renewable option for transportation and traditional fuel in the industry. Under the Sustainable Options (SATAT) initiative for affordable transport of the Government of India, the target is to set up more than 5,000 CBG plants across the country.

The CBG region is also favorable to India’s bio -energy capacity, as more than 500 million tonnes of agricultural waste is produced in the country every year. BPCL’s step in CBG supports 2040 net zero targets for scope 1 and scope 2 emissions. GPS Renewables have technical expertise and holds a track record of more than 100 biogas installations, including Asia’s largest RNG plant in Indore.

This joint venture will focus on converting organic biomass waste into compressed biogas, which is a renewable and environmentally friendly energy source. Using advanced waste-to-energy technologies, this initiative aims to resolve environmental challenges, including-
1. Agricultural residue management: Providing a viable solution to grass burning, which causes air pollution and soil erosion.
2. Greenhouse Gas Reduction: Reducing climate change by reducing emissions.
3. Sustainable Rural Development: Creating a structured price chain for agricultural-aged procurement, which will create an additional source of income for farmers.
According to the joint venture agreement, companies plan to set up 8 to 10 plants in Bihar, Odisha, Punjab, Uttar Pradesh and West Bengal over the next few years, providing significant agricultural biomass capacity for CBG production and compatible with the current geographical allocation of BPCL for urban gas distribution. This reduces the logistics cost and promotes efficient operation.
BPCL said, “In addition, this initiative will increase India’s energy security by reducing dependence on imported fossil fuels, in which cow dung (galvanizing organic bio-resources money) initiatives, sustainable transport options to promote organic bio-agricultural resources, to promote sustainable optional transport (SATATATAT) to promote sustainable transport options, sustainable transport options. CBG Blending Obligation (CBO) is included for giving. “

The post will be set up a composed biogas plant in India, what is the project? First appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.

Rahul Dev

Cricket Jounralist at Newsdesk

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