Biogas sector gets Rs 200 cr 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.
New Delhi, Apr 27 (PTI) The biogas sector has received investment commitments of more than Rs 200 crore at renewable energy exhibition RenewX 2025, industry body Indian Biogas Association (IBA) said on Sunday.
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. PTI KKS HVA
This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
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