Encouraging signs of development across India’s biogas value chain
Government announced PM-PRANAM scheme to promote organic fertilisers with an initial allocation of Rs60 million last year. In the interim budget, the total outlay was set at Rs1 billion. Subscribe to ETEnergyworld for the latest news and insights on the energy sector. Advertise with us to reach a wider audience. Download the ETEnergyworld app for a seamless reading experience.
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FAQs: Encouraging signs of development across India’s biogas value chain
Frequently Asked Questions
1. What recent developments have been seen in India's biogas value chain?
India's biogas value chain has seen positive and encouraging signs of development recently, as indicated by the interim budget for FY 2024-25, which has focused adequately on green initiatives. This can also be inferred from various collaborative efforts such as partnerships for hydrogen value chain development and sustainable material research between refineries and academic institutions.
2. How has the Indian government supported the biogas industry in the 2024-25 budget?
The Indian government's interim budget for the financial year 2024-25 included adequate focus on green initiatives, which suggests that there has been government support toward the development of the biogas industry. Specific details of the initiatives or financial allocations are not mentioned in the provided information.
3. Are there any other international developments impacting India's biogas sector?
While not directly stated in the context of the biogas sector, international developments such as supply chain improvements and policy signals can have a positive impact on investments and project development within the biogas sector in India.
4. Is renewable energy integration a challenge for India's biogas sector?
Renewable energy integration is a broader challenge for India's energy sector; however, specifics on how it affects the biogas value chain are not detailed in the given content. But, integration is generally a critical aspect that needs addressing for the effective scaling up of any renewable energy, including biogas.
5. What are the benefits of developing the biogas value chain in India?
Developing the biogas value chain in India offers several benefits, including reducing the dependency on fossil fuels, cutting greenhouse gas emissions, and creating opportunities for rural employment and waste management. It also aligns with India's climate goals and can harness the biomass potential the country has.
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