The Petroleum Ministry of India begun working on a technique to begin biogas mixing into normal gas from the year 2025. The Government of India is additionally likely to supply budgetary help for interfacing pipelines from biogas plants to city gas conveyance arrange. The government is anticipated to bear 50% of the in general fetched, and the rest would be borne by city gas dispersion companies.
In order to reduce its dependency on expensive imports of LNG, India is planning compulsory blending of biogas in domestically produced gas and by pipeline.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5606
Published Date: Feb 06, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing collaboration and partnership among the market players and increasing technological advancement are some of the major factors anticipated to drive the growth of the biogas blending market.
The market is anticipated to attain a CAGR of ~18% over the forecast period, i.e., 2024-2036.
The major players in the market are of Italgas, Torrent Gas, ENGIE, SEFE Securing Energy for Europe GmbH, Central U.P. Gas Limited, Indian Oil Corporation Ltd, and others.
The gas gris segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in Europe is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.