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India bio-economy updates from BioBiz January 2024 Gail India and Trualt Bioenergy, two state-owned companies, have announced a joint venture to set up ten compressed biogas (CBG) plants in India with an investment of more than $72 million. The CBG plants will process over 600 million kg of...
July 2023 The Global Environment Facility (GEF) has launched a $1.4 billion fund to support sustainable projects in 88 countries, in partnership with the United Nations Development Programme (UNDP). India’s bioenergy sector is one of the beneficiaries of the fund, with a project to produce...
India bio-economy updates from BioBiz CSIR transferred beta glucosidase enzyme production technology to Sarthak Metals Ltd., using filamentous fungus and solid-state fermentation .The enzyme boosts lignocellulosic biomass hydrolysis by 30%, enhancing biofuel efficiency and supporting 2G ethanol projects. It has additional applications in textiles, detergents, and organic synthesis....
India bio-economy updates from BioBiz The Budget 2024 has allocated Rs 150 crore for the collection of biomass, which is a key feedstock for compressed biogas (CBG) production. The industry executives warmly welcome the financial assistance as it will help overcome one of the main challenges of CBG...
India bio-economy updates from BioBiz VA Tech Wabag and Peak Sustainability Ventures signed an MoU to establish 100 bio-CNG plants using methane from sewage treatment. The project aims to produce 73 million kgs of bio-CNG annually. WABAG will manage execution, and PEAK will provide capital and technology. To...
India bio-economy updates from BioBiz SAEL, an Indian renewable energy company, has secured $1 billion from financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech, to finance its biomass and solar energy portfolio. The company said it will use the funding to expand its solar...
India bio-economy updates from BioBiz The Central Sericultural Research and Training Institute (CSRTI) in Mysuru is piloting bioethanol and biohydrogen production from mulberry shoots and silkworm waste. The project, initiated in April 2023, has successfully produced bioethanol and is now testing biohydrogen generation. If viable, CSRTI plans to...
GPS Renewables, an Indian technology and engineering company in clean fuels, has secured orders worth ₹2000 crore for multiple compressed biogas (CBG) projects across India. The company will process 4,000 tonnes per day of agri-residue and energy crop, and 300 tonnes per day of municipal...
24 Dec 2023 India launched the National Green Hydrogen Mission, which aims to produce 5 million tonnes of green hydrogen annually by 2030, and allocated 17,490 crore for incentives to boost its production and usage. India announced plans to add 50GW of renewable energy capacity...
December 2023 Reliance Industries (RIL) is in talks with sugar mill operators to source sugarcane press mud, a key raw material for producing compressed biogas (CBG). RIL plans to set up 100 CBG plants in the next five years, using 5.5 million tonnes of agricultural...
