Latest news with #BBBSummit
Business Mayor
09-05-2025
- Business
- Business Mayor
India's agri waste-to-energy initiative to get Rs 857 cr boost from Govt: MNRE Secretary
Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE) said the government is looking at additional investments in a project that looks to convert agri waste to energy biomass and biogas projects. Speaking at the BBB Summit by India Biogas Association held in New Delhi, Sarangi said India is advancing in the biomass to green hydrogen initiative under the National Green Hydrogen mission and 7 R&D projects have been supported under this initiative. 'India has been at the forefront of an agricultural revolution. If you look at many of the products like dairy products, rice, India has been either number one or two at a global level. So apart from feeding 140 crore people, India is also a dominant agricultural exporter. This reflects the prowess of Indian farmers and Indian agricultural scientists in managing our ecosystem in a way where we are maximising the output from our country,' he said. The Secretary lauded India's blessed resources in terms of arable land and size where agroclimatic conditions in different parts of the country provide a very conducive climate for products like dragon fruit, rice, different varieties of wheat, etc. However, this comes with a lot of agri-waste, which needs to be tended through a circular economy. There is a need to make the most of the waste, such as transforming it into green hydrogen and ethanol. He added that the government has come up with various schemes and mechanisms for the same. 'MNRE came up with the National Bioenergy Programme in November 2022 to promote waste-to-energy biomass and biogas projects. So, it had a total budget allocation of about Rs 1715 crore through which it took up a number of initiatives to promote the biomass ecosystem and the value addition ecosystem in our country. A lot of briquetting and filtration plans were introduced in Phase 1, for which Rs 858 crore was allocated. We are likely to get another Rs 857 crore for Phase II of the programme which we are expediting in consultation with the Department of Expenditure,' he added that the government has come up with a biogas application portal for companies through which the applications can be filed in a transparent and streamlined manner and will be a one-stop solution for the applicants who are applying for different kinds of projects under also acknowledged that the waste-to-biomass sector is currently very nascent. 'It is a relatively small industry compared to solar or wind. Therefore, there are many barriers, like evolution of the field stock logistics, financing gaps, irregular regulatory coordination, etc., which need to be addressed. Forums like this (BBA) will provide us with an opportunity to understand these kinds of gaps in a much better manner and address them through both government and industrial initiatives in this sector,' he said. READ SOURCE
Time of India
09-05-2025
- Business
- Time of India
India's agri waste-to-energy initiative to get ₹857 cr boost from Govt: MNRE Secretary
Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE) said the government is looking at additional investments in a project that looks to convert agri waste to energy biomass and biogas projects. Speaking at the BBB Summit by India Biogas Association held in New Delhi, Sarangi said India is advancing in the biomass to green hydrogen initiative under the National Green Hydrogen mission and 7 R&D projects have been supported under this initiative. 'India has been at the forefront of an agricultural revolution. If you look at many of the products like dairy products, rice, India has been either number one or two at a global level. So apart from feeding 140 crore people, India is also a dominant agricultural exporter. This reflects the prowess of Indian farmers and Indian agricultural scientists in managing our ecosystem in a way where we are maximising the output from our country,' he said. The Secretary lauded India's blessed resources in terms of arable land and size where agroclimatic conditions in different parts of the country provide a very conducive climate for products like dragon fruit, rice, different varieties of wheat, etc. However, this comes with a lot of agri-waste, which needs to be tended through a circular economy. There is a need to make the most of the waste, such as transforming it into green hydrogen and ethanol. He added that the government has come up with various schemes and mechanisms for the same. 'MNRE came up with the National Bioenergy Programme in November 2022 to promote waste-to-energy biomass and biogas projects. So, it had a total budget allocation of about ₹1715 crore through which it took up a number of initiatives to promote the biomass ecosystem and the value addition ecosystem in our country. A lot of briquetting and filtration plans were introduced in Phase 1, for which ₹858 crore was allocated. We are likely to get another ₹857 crore for Phase II of the programme which we are expediting in consultation with the Department of Expenditure,' he said. He added that the government has come up with a biogas application portal for companies through which the applications can be filed in a transparent and streamlined manner and will be a one-stop solution for the applicants who are applying for different kinds of projects under MNRE. He also acknowledged that the waste-to-biomass sector is currently very nascent. 'It is a relatively small industry compared to solar or wind. Therefore, there are many barriers, like evolution of the field stock logistics, financing gaps, irregular regulatory coordination, etc., which need to be addressed. Forums like this (BBA) will provide us with an opportunity to understand these kinds of gaps in a much better manner and address them through both government and industrial initiatives in this sector,' he said.
Time of India
09-05-2025
- Business
- Time of India
India's agri waste-to-energy initiative to get Rs 850 cr boost from Govt: MNRE Secretary
Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE) said the government is looking at additional investments in a project that looks to convert agri waste to energy biomass and biogas projects. #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures Speaking at the BBB Summit by India Biogas Association held in New Delhi, Sarangi said India is advancing in the biomass to green hydrogen initiative under the National Green Hydrogen mission and 7 R&D projects have been supported under this initiative. 'India has been at the forefront of an agricultural revolution. If you look at many of the products like dairy products, rice, India has been either number one or two at a global level. So apart from feeding 140 crore people, India is also a dominant agricultural exporter. This reflects the prowess of Indian farmers and Indian agricultural scientists in managing our ecosystem in a way where we are maximising the output from our country,' he said. The Secretary lauded India's blessed resources in terms of arable land and size where agroclimatic conditions in different parts of the country provide a very conducive climate for products like dragon fruit, rice, different varieties of wheat, etc. However, this comes with a lot of agri-waste, which needs to be tended through a circular economy. There is a need to make the most of the waste, such as transforming it into green hydrogen and ethanol. He added that the government has come up with various schemes and mechanisms for the same. Live Events 'MNRE came up with the National Bioenergy Programme in November 2022 to promote waste-to-energy biomass and biogas projects. So, it had a total budget allocation of about Rs 1700 crore through which it took up a number of initiatives to promote the biomass ecosystem and the value addition ecosystem in our country. A lot of briquetting and filtration plans were introduced in Phase 1, for which Rs 858 crore was allocated. We are likely to get another Rs 850 crore for Phase II of the programme which we are expediting in consultation with the Department of Expenditure,' he said. He added that the government has come up with a biogas application portal for companies through which the applications can be filed in a transparent and streamlined manner and will be a one-stop solution for the applicants who are applying for different kinds of projects under MNRE. He also acknowledged that the waste-to-biomass sector is currently very nascent. 'It is a relatively small industry compared to solar or wind. Therefore, there are many barriers, like evolution of the field stock logistics, financing gaps, irregular regulatory coordination, etc., which need to be addressed. Forums like this (BBA) will provide us with an opportunity to understand these kinds of gaps in a much better manner and address them through both government and industrial initiatives in this sector,' he said.
Time of India
08-05-2025
- Automotive
- Time of India
Requesting petroleum ministry to formulate a policy on use of Lignin in road construction: Nitin Gadkari
New Delhi: The Ministry of Road Transport and Highways has requested the Ministry of Petroleum and Natural Gas (MoPNG) for a new policy that allows use of Lignin, a byproduct of bio-CNG production from rice straw, in making Bitumen for road construction , minister of road transport and highways Nitin Gadkari said today. Speaking at the BBB Summit here, the minister said the two ministries had a meeting last month on the use of lignin in Bitumen. "Now CRRI has implemented a successful project where lignin is added 35 per cent in Bitumen. Using this, we have already completed 1 Kilometer of road laying in Nagpur - Jabalpur road. CRRI has certified that it is 50 per cent better than petroleum Bitumen," Gadkari said. He added that making bio-CNG from rice straw is one option where Lignin is produced as a byproduct. "I am now requesting the petroleum minister to formulate a policy for the offtake of lignin, on the lines of ethanol, so that they can purchase this Lignin at price of around Rs 35 per Kg. It can be a good source of income for the farmers too. It is also going to stop the problem of Parali (stubble) burning," he said. Gadkari said India's automobile industry is growing constantly and the country is the third-largest vehicle manufacturer in the world. But with the rising demand for automobiles, consumption of fossil fuels is also increasing. "Today, it is a huge challenge for the country. The automobile industry gives maximum GST to the government, it has created more than 4.5 crore jobs and this industry also contributes to exports. But at the same time, India's fossil fuel imports stand at Rs 22 lakh crore. While this is a challenge from economic point of view, it is a huge problem from pollution point of view too," he said. The minister also said that around 60 per cent of India's population is dependent on agriculture but it contributes 40 per cent to the economy, and solutions must be found to make agriculture economically viable. "We have surplus rice, wheat and corn but not enough capacity for storage. So, India must diversify its agriculture economy towards the energy and power sector. We must find out how farmers get remunerative prices," he said. Gadkari emphasized that huge potential exists today for alternative fuels and biofuels , and while biomass is very important for the agriculture sector it is important to have cost effective technology and good quality products. The country also needs to focus on research to increase productivity from biomass, he said.
