Indian Biogas Association and Indian Oil Corporation Join Forces for Bioenergy Development
Key Ideas
- The Indian Biogas Association and Indian Oil Corporation signed an MoU to collaborate on developing the bioenergy and bio-hydrogen sector in India.
- The partnership aims to establish a knowledge center, pool resources, and conduct training programs to boost the biofuels industry.
- Efforts will be made to work with ministries on policy regulations and propose incentives to support the growth of biogas, bio-CNG, and renewable energy sectors in the country.
- The collaboration will also focus on fostering industry-institute collaboration in research and development related to biofuels.
The Indian Biogas Association and Indian Oil Corporation Ltd (IOCL) have signed a Memorandum of Understanding (MoU) to enhance the development of bioenergy and bio-hydrogen in India. This collaboration aims to leverage the strengths of both organizations to promote the biofuels industry in the country. The partnership will involve the creation of a knowledge center, sharing of resources such as technology and skilled workforce, and conducting training programs to support the expansion of biofuels. Additionally, the two entities will engage with various stakeholders to advocate for policies that benefit the biogas, bio-CNG, and renewable energy sectors. The focus will be on collaborating with central and state ministries to propose policy incentives that facilitate the growth of biofuels. In terms of research and development, the partnership will emphasize industry-institute collaboration to advance innovations in the biofuels domain. The Indian Biogas Association, established in 2011 and revamped in 2015, plays a key role in promoting sustainable practices through biogas. By partnering with the German Biogas Association, the IBA aims to further develop the biogas sector in India for a greener future.