The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has paved the way for installing seven bioenergy plants in the state with an investment of Rs 325 crore (€36.3m), reported The Times of India.
Four of the seven compressed biogas (CBG) plants will have the capacity to produce 51.2 tonnes per day, and two biodiesel plants will have the capacity to produce 204 kilolitres per day. One biocoal plant will have the capacity to produce 40 tonnes per day.
The four CBG plants will be based at Mawana in Meerut, Budhana and Khatauli in Muzaffarnagar and Gola in Gorakhpur.
The biodiesel plants will be constructed in Meerut's Sadar and Shikarpur in Bulandshahr.
The biocoal plant will be set up at Sandila in Hardoi.
Investment proposals worth approximately Rs 46,000 crore (€5.1m) have been made to the bioenergy sector since 2022, when Uttar Pradesh outlined its bioenergy policy.
After review, UPNEDA found a total of 60 proposals suitable. A state-level committee meeting proceeded to approve seven projects. Other proposals are set to receive approvals soon.
Investors stated that the availability of land and sufficient biomass for setting up production plants is already in place.
In-principle approval has also been obtained from various banks and other institutions for funding.
Agreements have also been signed with various institutions for the future sale of the products produced from these plants.
Indian state to install seven bioenergy plants with €36.3m investment
