At a Glance
|Strategic Outcomes||SO1 Reduced GHG emission, SO2 Creation of green jobs, SO3 Increased access to sustainable services|
|Start Date||Q1 01-01-2020|
|End Date||q4 31-12-2025|
|Actual Budget (USD)||0|
|Actual Expenditure (USD)|
|GGGI Share (USD)|
|Poverty and Gender Policy Markers|
|Name of Client (Lead/Prime implementer if GGGI is part of a consortium)|
|Participating Organization (Funding/donor)||Denmark: Ministry of Foreign Affairs|
|Name of consortium members, if any|
India’s BioCNG sector has strong policy support with the presence
of the Government of India’s Biofuels Policy, 2018 and Sustainable Alternative
Towards Affordable Transport (SATAT) Scheme. Nevertheless, several challenges and barrier remains unaddressed to scale-up BioCNG market development.
GGGI in India has been actively working on BioCNG promotion as
a sustainable alternative fuel. In 2019, a diagnostic study assessed the
commercialization potential of BioCNG from wholesale fruits and vegetable
market waste in municipalities of Ghaziabad, Bhopal, and Bengaluru with support from the Government of Denmark.
This program will build on the earlier work and focus on scaling-up the BioCNG market by creating an enabling environment and facilitating the implementation of projects. The program will address several barriers, including organic waste availability and supply assurance, technology assessment, financial instruments, and risk management.
The program will promote BioCNG in India by:
- Create enabling environment by reducing barriers, promote market driven development, form bankable offtake arrangements and balance risks for the public and private sectors
- Create market driven models to enable replicability and scalability by the private sector
- Establish and promote partnerships through well-defined PPP models
The program aims to mobilize an investment of USD 10 million towards 3-5 investment grade BioCNG projects.