Rs 2 lakh crore investment in 5,000 compressed bio-gas plants in offing

NEW DELHI: India will see an investment of Rs 2 lakh crore in setting up 5,000 plants that will produce gas from bio and crop wastes by 2023-24, Oil Minister Dharmendra Pradhan said on Friday.

To boost the availability of affordable and clean transport fuel, an agreement was signed for setting up 900 compressed bio-gas or CBG plants by companies such as Adani Gas NSE 4.09 % and Torrent Gas.

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