<p>New Delhi: Indian Biogas Association (IBA) is expecting around Rs 1,600 crore investment in the sector during Renewable Energy India Expo (REI) 2024, beginning on Thursday.</p>.<p>IBA, the country's leading body representing biogas operators, manufacturers, and plant planners, is optimistic about the opportunities the high-profile event will bring.</p>.<p>Talking to <em>PTI</em>, IBA Chairman Gaurav Kedia said, "REI 2024 is expected to see investment announcements of around Rs 1,600 crore in the biogas sector".</p>.<p>He stated that the REI Expo 2024 is expected to attract 20 per cent more participation compared to last year.</p>.GE Aerospace plans to increase sourcing of components from India.<p>Kedia emphasised the vast untapped potential of the biogas sector.</p>.<p>He pointed out that, despite its current contribution to the energy mix being less than one per cent, the sector is poised for substantial growth and could play a pivotal role in India's energy future by 2030.</p>.<p>The association is confident that the expo will generate significant momentum for the biogas industry.</p>.<p>The Bio-Energy Pavilion 2024 is also supported by government ministries and prominent organisations, including the Ministry of New and Renewable Energy, the National Institute of Bio-Energy, and the World Bioenergy Association.</p>.<p>The three-day event will take place at the India Expo Centre in Greater Noida, Uttar Pradesh, and is recognised as one of India’s leading platforms for renewable energy innovations.</p>.<p>It will showcase developments across various sectors like bio-energy, solar power, wind energy, electric vehicles, and energy storage solutions.</p>.<p>The event aims to bolster India's journey towards achieving its net-zero emissions target.</p>.<p>Indian Biogas President AR Shukla reflected on the success of last year’s Bioenergy Pavilion, noting the various initiatives that were announced.</p>.<p>"We anticipate generating significant interest from investors during this year's event." Shukla said the expo is expected to witness over 50,000 attendees, driven by the growing focus on the bio-energy sector and the government's continued support.</p>.<p>Over the years, the REI Expo has established itself as a leading platform for stakeholders in the renewable energy space to showcase cutting-edge technologies, products, and solutions while fostering meaningful industry interactions.</p>.<p>India holds significant promise for biogas development, with its potential to generate around 62 million tonnes of compressed biogas annually, equivalent to replacing nearly 7 per cent of the country's current fuel consumption.</p>.<p>The biogas sector, thus, presents a key solution for reducing dependency on imported fuels while addressing environmental concerns. </p>
<p>New Delhi: Indian Biogas Association (IBA) is expecting around Rs 1,600 crore investment in the sector during Renewable Energy India Expo (REI) 2024, beginning on Thursday.</p>.<p>IBA, the country's leading body representing biogas operators, manufacturers, and plant planners, is optimistic about the opportunities the high-profile event will bring.</p>.<p>Talking to <em>PTI</em>, IBA Chairman Gaurav Kedia said, "REI 2024 is expected to see investment announcements of around Rs 1,600 crore in the biogas sector".</p>.<p>He stated that the REI Expo 2024 is expected to attract 20 per cent more participation compared to last year.</p>.GE Aerospace plans to increase sourcing of components from India.<p>Kedia emphasised the vast untapped potential of the biogas sector.</p>.<p>He pointed out that, despite its current contribution to the energy mix being less than one per cent, the sector is poised for substantial growth and could play a pivotal role in India's energy future by 2030.</p>.<p>The association is confident that the expo will generate significant momentum for the biogas industry.</p>.<p>The Bio-Energy Pavilion 2024 is also supported by government ministries and prominent organisations, including the Ministry of New and Renewable Energy, the National Institute of Bio-Energy, and the World Bioenergy Association.</p>.<p>The three-day event will take place at the India Expo Centre in Greater Noida, Uttar Pradesh, and is recognised as one of India’s leading platforms for renewable energy innovations.</p>.<p>It will showcase developments across various sectors like bio-energy, solar power, wind energy, electric vehicles, and energy storage solutions.</p>.<p>The event aims to bolster India's journey towards achieving its net-zero emissions target.</p>.<p>Indian Biogas President AR Shukla reflected on the success of last year’s Bioenergy Pavilion, noting the various initiatives that were announced.</p>.<p>"We anticipate generating significant interest from investors during this year's event." Shukla said the expo is expected to witness over 50,000 attendees, driven by the growing focus on the bio-energy sector and the government's continued support.</p>.<p>Over the years, the REI Expo has established itself as a leading platform for stakeholders in the renewable energy space to showcase cutting-edge technologies, products, and solutions while fostering meaningful industry interactions.</p>.<p>India holds significant promise for biogas development, with its potential to generate around 62 million tonnes of compressed biogas annually, equivalent to replacing nearly 7 per cent of the country's current fuel consumption.</p>.<p>The biogas sector, thus, presents a key solution for reducing dependency on imported fuels while addressing environmental concerns. </p>