Govt rolls out GOBARdhan rules with assured CBG offtake, 10-year price support
The government’s Rs 23,731-crore GOBARdhan scheme aims to give India’s CBG industry a more predictable business model, with assured offtake, a government-backed price for at least 10 years and capital support. The framework seeks to address buyer and financing concerns, while turning agricultural waste, cattle dung and other organic waste into energy.
The Indian government has launched the GOBARdhan scheme, a Rs 23,731-crore initiative for compressed biogas (CBG), aiming to make waste-to-energy projects more commercially viable and attract private investment. Under the 10-year scheme, biogas producers will receive guaranteed demand for up to 100% of their output, an administered price of Rs 2,110 per million British thermal unit for at least 10 years, and capital assistance.
The government hopes the programme will lead to a tenfold increase in domestic CBG production and spur private investment in the sector.
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