Excise waiver for biogas blending, clear policy line can unlock Rs 1 lakh cr investment: IBA
policy-and-excise-policy-27-panel-for-state-lottery-rules'>Excise waiver for biogas blending, clear policy line can unlock Rs 1 lakh cr investment: IBA is drawing significant interest across the industry.
NEW DELHI, Feb 22: The proposed excise duty waiver on biogas blended in compressed natural gas, coupled with a clear policy line, can unlock potential investment of Rs 1 lakh crore in the country, Indian Biogas Association (IBA) said on Sunday. The government in the recently announced Union Budget 2026, provided an excise duty waiver on Compressed Biogas (CBG) blended with Compressed Natural Gas (CNG), which is an important step forward in India’s energy transition towards 2070 Net Zero target, […]
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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