Why you must establish a Compressed Biogas Plant ?
Green clean energy is one of the fastest-growing industries worldwide. The global renewable energy market is anticipated to drive growth at a CAGR of 8.6% from 2023 to 2030. Additionally, in the current scenario, green energy is one of the most secure industries to dive into. The government has already initiated multiple schemes to support this industry. It is both environment and pocket friendly from the investor's perspective.
Let’s have a core understanding of the benefits that come with the CBG Manufacturing Plant.
Investor Benefits:
Lifetime business for the generation
Lifetime return on sales
Increasing demand for renewable energy
Low risk with consistent earning and business growth
Company support:
100% Production Buyback
World-class training for seamless operations
Collateral-free loan assistance up to Rs. 2 Crore
State Art Plant & Machinery with a robust supply chain
Government support:
Income tax holiday for five years
GST benefit on Compressed Biogas Manufacturing Plant
Subsidised rate of interest on the loan
Waiver on land Conversion charges
Waste to energy program (Ministry of New and Renewable energy) The objective is to promote the setting up of projects for the recovery of energy in the form of Biogas, Municipal solid waste, and Biomass gasifiers.
National Policy of Biofuels (Ministry of Petroleum and Natural Gas)
The policy has been made to build the Biofuels market in India which has a strategic significance to meet the goal of the ongoing government initiatives like Swachh Bharat Abhiyan and Make in India.
Biogas scheme (Ministry of New and Renewable Energy)
The objective of the scheme is to support Biomass based Cogeneration Projects in Sugar mills and other industries for power generation in the country. (source: MNRE)
SATAT initiative (Ministry of Petroleum and Natural Gas)
The objective of the scheme is to set up CBG plants and produce and supply CBG to encourage entrepreneurs.
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