Government of Goa (GoG) has announced a five-year State Compressed Biogas (CBG) Policy. Under the policy, five CBG plants are likely to be developed in North Goa, South Goa and Kushavati districts.
Project developers will be eligible for capital subsidies of up to Rs 50,00,000 tonne per day (TPD) of installed capacity, along with electricity tariff concessions of up to Rs two per unit and concessional leases for government land, full exemption from stamp duty and a single-window clearance mechanism.
The Goa Investment Promotion Board will serve as the nodal agency for implementing the policy, while a high-level committee headed by the Chief Secretary will oversee its execution.
Interested companies will be required to submit detailed project reports within three months.