New investments totalling Rs 2,755 crore have been pledged with industry body Indian Biogas Association (IBA) during the recently held Renewable Energy India Expo 2023. Talking to PTI, IBA Chairman Gaurav Kedia said “Indian Biogas Association (IBA), an industry association comprising operators, manufacturers, and planners of bioenergy plants, has received a commitment of investment worth Rs 2,755 crore during the Renewable Energy India Expo 2023.” The association has signed joint ventures (JVs), MoUs (memorandum of understanding) and received LoIs (letter of intent) commitments during the recently concluded Renewable Energy India (REI) Expo held at Greater Noida from from October 4 to 6.
