The Indian Biogas Association has proposed a $134.5m fund to subsidise the biogas industry in the upcoming Union Budget of India, set to take place on 1 February.
The IBA said that this could unlock large-scale private investment and create rural income opportunities. The details of any future subsidies are not yet clear, but are expected to be revealed during the Budget.
The potential of India’s biogas sector is . The country has nearly one billion tonnes of biomass waste and residues.
India’s demand for biogases is set to climb by 25% to 2030 following accelerated growth for compressed biogas and despite declining biogas production from small household digesters.
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