IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024

The Indian Biogas Association (IBA) aims to attract Rs 1,600 crore worth of investment for the biogas sector at the Renewable Energy India (REI) 2024 expo. The biogas industry, which converts organic waste into energy, holds immense potential for India’s sustainable development goals. The investments are expected to boost technological innovation, enhance production capacities, and create jobs in the renewable energy sector. With growing demand for cleaner energy alternatives, IBA’s efforts at REI 2024 will focus on partnerships and collaborations to scale up the industry. The government is also providing incentives to encourage investments in this green sector, aligning with its climate action commitments.