REI Expo Secures Rs 18.50 Bn in Investments for Biogas Sector: IBA
OIL & GAS

REI Expo Secures Rs 18.50 Bn in Investments for Biogas Sector: IBA

Investments totalling Rs 18.50 billion have been committed to the biogas sector during the Renewable Energy India (REI) Expo 2024, which took place from October 3 to 5 in Greater Noida, according to a senior official from the Indian Biogas Association (IBA). The IBA Chairman, Gaurav Kedia, informed PTI that the association has secured anticipated investment commitments amounting to Rs 18.50 billion through joint ventures (JVs), memorandums of understanding (MoUs), and letters of intent (LoIs) at the recent expo.

Kedia noted that a total of 47 exhibitors representing ten biogas-producing nations participated in the REI Expo. He mentioned that these investments, expected to be realized over the next 2-3 years, demonstrate strong international interest, particularly from countries like Germany, Sweden, and the UK. Furthermore, he stated that they have signed MoUs worth over Rs 9 billion for joint ventures and received nearly 50 LoIs for establishing compressed biogas plants in India.

The IBA, established in 2011 and revamped in 2015, serves as a national platform for bioenergy operators, manufacturers, and planners, collaborating with international organizations such as the German Biogas Association to promote the growth of the biogas sector in India.

The REI Expo is one of the largest renewable energy events in India, emphasizing bioenergy, solar, wind, electric vehicles, and energy efficiency technologies. Supported by the Ministry of New and Renewable Energy (MNRE) and key industry players, the Bio-Energy Pavilion 2024 aimed to accelerate India's progress toward net-zero emissions.

Additionally, IBA President Dr A R Shukla highlighted the success of this year's expo, noting that the active participation of the MNRE, along with scientists from the Sardar Swaran Singh National Institute of Bio-Energy (SSS-NIBE) in Kapurthala, has boosted confidence in the bioenergy sector.

Investments totalling Rs 18.50 billion have been committed to the biogas sector during the Renewable Energy India (REI) Expo 2024, which took place from October 3 to 5 in Greater Noida, according to a senior official from the Indian Biogas Association (IBA). The IBA Chairman, Gaurav Kedia, informed PTI that the association has secured anticipated investment commitments amounting to Rs 18.50 billion through joint ventures (JVs), memorandums of understanding (MoUs), and letters of intent (LoIs) at the recent expo. Kedia noted that a total of 47 exhibitors representing ten biogas-producing nations participated in the REI Expo. He mentioned that these investments, expected to be realized over the next 2-3 years, demonstrate strong international interest, particularly from countries like Germany, Sweden, and the UK. Furthermore, he stated that they have signed MoUs worth over Rs 9 billion for joint ventures and received nearly 50 LoIs for establishing compressed biogas plants in India. The IBA, established in 2011 and revamped in 2015, serves as a national platform for bioenergy operators, manufacturers, and planners, collaborating with international organizations such as the German Biogas Association to promote the growth of the biogas sector in India. The REI Expo is one of the largest renewable energy events in India, emphasizing bioenergy, solar, wind, electric vehicles, and energy efficiency technologies. Supported by the Ministry of New and Renewable Energy (MNRE) and key industry players, the Bio-Energy Pavilion 2024 aimed to accelerate India's progress toward net-zero emissions. Additionally, IBA President Dr A R Shukla highlighted the success of this year's expo, noting that the active participation of the MNRE, along with scientists from the Sardar Swaran Singh National Institute of Bio-Energy (SSS-NIBE) in Kapurthala, has boosted confidence in the bioenergy sector.

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App