business ๐ฑ Cabinet greenlights huge fund for biogas growth
The Union Cabinet approved the GOBARdhan scheme, allocating โน23,731-crore to boost compressed biogas (CBG) growth. This massive outlay will operate until 2036, aiming to increase domestic CBG production tenfold. The plan supports CBG production from agricultural residue and municipal waste, allowing blending into CNG and PNG. It introduces assured offtake and a stable price of โน2,110 per MMBTU for long-term visibility. This initiative is expected to create rural jobs and significantly lower greenhouse gas emissions. ๐จ