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Nexgen Energia to invest Rs 3,000 crore for CBG plant

Infrastructure  -  Mar 07,2024  - 

Sustainable energy solutions firm Nexgen Energia will invest around Rs 3,000 crore to set up a compressed biogas (CBG) plant in Gujarat. The company, in this regard  has presented a proposal during a meeting with Gujarat Chief Minister Bhupendrabhai Patel.

With the commencement of the CBG plant, the company will start the supply of CBG directly to the CNG pumps.

Apart from this, it will also set up EV units and other related setup in the state. Organic fertiliser made in the process of making CNG from stubble and waste through the CBG plant, will be provided to the farmers from whom the stubble would be procured.

Nexgen Energia has CBG plants in Punjab, Uttar Pradesh, and Haryana. During the Investors Summit in Uttar Pradesh, the company also proposed large-scale investments in the state.


 

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