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Gujarat Energy Ventures into Biogas Production
7 Nov
Summary
- Company plans 200 TPD CBG capacity initially.
- Seeking JV partners with ₹100 crore investment.
- Aiming to reduce reliance on imported LNG.
Gujarat Energy (GEL), a leading Indian city gas distributor, is embarking on a significant diversification into compressed biogas (CBG) production. The company has announced plans to establish an initial CBG capacity of 200 tonnes per day (TPD), split between Gujarat and other states.
An expression of interest has been issued, inviting joint venture partners to collaborate on setting up and operating CBG plants. This initiative requires an estimated investment of approximately ₹100 crore. GEL aims to hold a 49% stake in these ventures, with partners holding the remaining 51%.
The company intends to utilize a mix of agricultural and organic waste as feedstock for the CBG plants. This move aligns with national programs and regulatory requirements for increasing biogas integration into the natural gas supply.
Furthermore, GEL is exploring the development of six liquefied natural gas (LNG) fuelling stations to tap into the growing market for LNG-powered heavy commercial vehicles and long-haul transportation.
