New Delhi, July 3 -- Achieving the government's target of 5,000 compressed biogas (CBG) plants producing 15 million metric tonnes annually by 2030 will require a fundamental transition to a market-driven renewable gas economy, underpinned by GST rationalisation, assured offtake mechanisms, and long-term policy support, according to a Confederation of Indian Industry (CII) report released on Friday.

Titled 'Mainstreaming Compressed Biogas', the report was released at a CII conference on CBG organised in association with the Petroleum and Natural Gas (PNG) Regulatory Board.

It presents a strategic roadmap for positioning CBG as a mainstream pillar of India's energy security, circular economy, rural development, and decarbonisation agenda....