New Delhi/Ranchi: State-run Maharatna PSU, GAIL (India) Limited organised a "CBG Road Show" in Ranchi for promoting compressed bio-gas (CBG) amongst potential entrepreneurs and other stakeholders in the CBG value chain on Saturday.
The road-show was graced by the Ministry of Petroleum and Natural Gas's (MoP&NG) Director (Gas Processing) Vijay Sharma and Ranchi Municipal Corporation's (RMC) Municipal Commissioner Manoj Kumar. During the CBG Roadshow, GAIL's Executive Director (Business Development & Project Development) Santanu Roy and Executive Director (Eastern Region) KB Singh were also present along with their team members. Under the SATAT scheme, GAIL and its associated city gas distribution companies have the web-hosted expression of interest (EOI) document for providing marketing tie-up facility including CBG price assurance to the qualified CBG producers.
GAIL also informed that discussions are in advance stage with RMC for setting up CBG Plant for processing municipal solid waste (MSW). GAIL team explained the working of compressed bio-gas and its potential benefits that it will contribute to national energy security. The team from the Ministry of Petroleum and Natural Gas and GAIL presented various initiatives taken by the government and GAIL (India) Limited including startup funding. The flagship scheme of government, called SATAT (Sustainable Alternative Towards Affordable Transportation) was explained to various industries who could become potential entrepreneurs in this sector. During that roadshow, various CBG technology providers informed about CBG production technologies and showed operational details of various plants already functional in India and other countries.
The roadshow participants from various industries of Jharkhand state took note of the initiative of the government and the efforts undertaken by GAIL. They expressed willingness to explore business opportunities by setting up CBG plants in Jharkhand. The ‘SATAT’ initiative was launched by the Union Minister of Petroleum and Natural Gas & Steel Dharmendra Pradhan on October 1, 2018, under which oil and gas marketing companies (OMCs) i.e. BPCL, IndianOil, HPCL, GAIL and IGL have invited expression of interest (EoI) from potential entrepreneurs to set up the compressed bio-gas (CBG) plants and supply CBG. ‘SATAT’ initiative envisages establishing 5,000 CBG plants across the country with an estimated production of 15 MMT CBG per annum by 2023.