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India Rolls Out $28 Billion GOBARdhan Biogas Plan to Cut Imports, Boost Rural Economy

India Rolls Out $28 Billion GOBARdhan Biogas Plan to Cut Imports, Boost Rural Economy

The new integrated central sector scheme offers assured offtake, predictable pricing, capital support, pipeline connectivity, credit guarantees and ecosystem development. Union Petroleum Minister Hardeep Singh Puri on Thursday launched GOBARdhan, a ₹1.24 trillion ($28 billion) scheme to accelerate compressed biogas (CBG) production, aiming to reduce reliance on imported natural gas and strengthen rural incomes. ā€œIndia’s...

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Go against the grain!

Go against the grain!

This year starts the Plan for a huge boost from the government to rural infrastructure. Private investors should not look at the immediate size of attractiveness of projects alone, but consider the multiplier effects.