Gujarat Energy Limited (GEL) is planning to invest Rs 1 billion for compressed biogas (CBG) plants. The company through Joint Venture (JV) has invited partners to develop CBG plants with a proposed combined capacity of 200 tonnes per day (tpd). It has issued expression of interest (EoI) to seek partners for setting up and operating CBG plants, post which plant location will be decided. The initial plan includes 100 tonnes per day of capacity in Gujarat and another 100 tpd in other states.
Under the proposed structure, Gujarat Energy will hold a 49 percent stake in each joint venture, while its partners will own the remaining 51 percent and manage plant operations.
The plants are likely to be developed in smaller units of 10–20 tonnes per day. The CBG produced will be supplied to Gujarat Energy’s city gas distribution network or the Gujarat Integrated Gas pipeline.