IBA urges MNRE to provide financial support for energy project

20 Jul 2022 CW Team

The Ministry of New & Renewable Energy (MNRE) has been requested by the Indian Biogas Association to increase the central financial assistance provided under the waste to energy programme to Rs 950 crore. An initial budget of Rs 478 crore had been set aside by the government.

The Central Financial Assistance (CFA) under the "Waste to Energy Scheme" has been proposed by the Indian Biogas Association (IBA) to be doubled to Rs 950 crore.

According to the notification published on February 28, 2020, the MNRE granted around Rs 478 crore for 257 MWeq under the CFA awards in 2019–20.

According to the statement, this Rs 478 crore allocation is far less than the CFA/subsidy required to reach the target under the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative, which aims to create 5,000 large-scale Bio-CNG/CB plants.

Also read:
Power minister expects energy crisis to persist
IEA suggests need for policy intervention in energy use

Infrastructure Transport

17 Oct 2025

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..