Excise waiver boosts biogas investment potential to ₹1 lakh crore
pre-market1 source ↓written by the desknot a recommendation
- across city gas
- 5% blending
- in investments
- ₹45,000–55,000 crore
- If blending reaches
- 7–8% by 2032
The Union Budget's excise duty waiver on biogas blended with CNG could unlock investments worth ₹1 lakh crore, according to the Indian Biogas Association. A 5% blending across city gas networks may require ₹45,000–55,000 crore in investments over five years. If blending reaches 7–8% by 2032, investment potential could double, aiding India's clean energy transition.
Not investment advice. For informational purposes only.