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Biogas sector gets Rs 200 crore investment commitments at RenewX 2025: IBA
The three-day expo was held at the Chennai Trade Centre, Nandambakkam from April 23 to 25. The event, organised by Informa Markets, saw investment commitments of Rs 200 crore through various MoUs (memorandum of understandings) in the biogas industry, IBA sid in a statement.
RenewX brought together stakeholders from across the bioenergy, solar, wind, energy storage, and management sectors, offering a platform for strategic collaborations and progressive discussions.
With a focus on bioenergy innovations, sustainable partnerships, and policy dialogue, the bioenergy sector attracted strong interest from industry, professionals, investors, and policymakers, the statement said.
"This is the first time that we have showcased biogas sector capabilities in Chennai. Our interactions here have laid the groundwork for several new collaborations and have deepened interest in bioenergy solutions, especially in southern India," Gaurav Kedia, Chairman of IBA, said in the statement.
IBA President A R Shukla noted, "RenewX 2025 showcased a unique blend of technology, grassroots innovation, and policy alignment. It is clear that bioenergy can play a pivotal role in reshaping India's energy future especially when supported by the right regulatory and financial ecosystem." Founded in 2011 and revitalised in 2015, the IBA has been at the forefront of advancing bioenergy solutions across India. Collaborating with international bodies like the German Biogas Association, IBA advocates for sustainable waste management and clean energy generation through biogas.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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