NEW DELHI: Replacing natural gas consumption with biogas and biomethane incrementally to 20 per cent by 2030 can help India cut liquefied natural gas import bills by $29 billion between financial years 2025 and 2030, according to a new report.
The report from the Institute for Energy Economics and Financial Analysis (IEEFA), underscores the environmental advantages of expanding biogas projects, including waste management, reduction of greenhouse gas (GHG) emissions, and enhanced renewable energy production.
According to the report’s author Purva Jain, an energy analyst at IEEFA, “Biogas has the potential to replace natural gas and other high-emission fossil fuels.