No material price impact on CBG with revised offtake framework, ensures plants operate sustainably: Govt.

The Indian government has revised the offtake framework for Compressed Bio Gas (CBG), a type of renewable energy. This change will not have a significant impact on the price of CBG, with prices expected to rise by only 28%. The government believes this revised framework will allow CBG plants to operate more sustainably, which is a positive development for the environment and the economy.

Why it matters

The government funded support results in a limited price increase of CBG offtake. This ensures that plants can operate sustainably without a significant impact on the price of CBG.

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