BPCL hosts compressed biogas workshop

BPCL hosts compressed biogas workshop

The discussions centered around the pivotal role of CBG in India's energy transition

  • By ICN Bureau | February 28, 2024

Bharat Petroleum Corporation Limited (BPCL) in collaboration with the Ministry of Petroleum & Natural Gas and GAIL, hosted a comprehensive workshop aimed at advancing the adoption of Compressed Biogas (CBG) as a sustainable energy solution. The event took place on 26th February, 2024 at the Renaissance Bengaluru Race Course Hotel in Bengaluru, Karnataka.

The workshop, held under the initiative of the Ministry of Petroleum & Natural Gas, facilitated open dialogue among stakeholders, including bank officials, CBG producers, entrepreneurs, technology providers, and representatives from various organizations such as the World Bank, Indian Biogas Association, and Oil and Gas marketing companies. The discussions centered around the pivotal role of CBG in India's energy transition, emphasizing its significance as a green fuel and its contribution to the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative.

The workshop was followed by a visit to a CBG plant to provide participants with firsthand experience and insights into CBG production processes. This hands-on approach aimed to further enhance understanding and collaboration in the CBG sector.

Anurag Saraogi, CGM Biofuels, BPCL, mentioned in his speech "In our pursuit of a cleaner, greener future, today's workshop in Bangalore, hosted by BPCL under the Ministry of Petroleum & Natural Gas, is pivotal. We're sensitizing bank officials about financing Compressed Biogas (CBG) projects, vital for advancing sustainable energy solutions. Through insightful discussions, we aim to deepen their understanding of CBG's potential. CBG, with properties similar to CNG, holds promise in replacing it across sectors. With abundant organic waste, scaling up CBG production is crucial for a cleaner future. This workshop serves as a crucial platform to explore these opportunities. Together, we're committed to driving positive change and embracing sustainable energy solutions."

Arun Kumar, Director of the Ministry of Petroleum & Natural Gas, highlighted the critical importance of CBG in achieving net-zero emissions by 2070, underscoring the government's commitment to sustainable energy solutions. The workshop delved into key aspects of CBG projects, including financing, technical evaluation, financial modeling, and best practices in project implementation.

In his keynote address, Ramesh Krishna, Under Secretary of the Ministry of Petroleum & Natural Gas, emphasized India's strategic vision for sustainable energy solutions and the pivotal role of Compressed Biogas (CBG) in achieving these objectives.

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