New Delhi, Feb. 12 -- The Indian Biogas Association has proposed a significant investment of Rs 30,000 crore to procure machinery and equipment necessary for biomass supply to compressed biogas plants, aiming to slash LNG imports by 12 MMTA (Million Metric Tons Annually).

Gaurav Kedia, Chairman of the Indian Biogas Association, emphasised the importance of utilising agricultural residues like paddy straw for bioenergy production and soil enrichment instead of burning them, citing dual benefits of renewable energy sources and improved soil health.

However, Kedia highlighted obstacles to procurement, including unattractive economics for farmers, who often opt to burn straw rather than selling it promptly due to the associated expenses wit...