Indian Oil Corporation Collaborates with Indian Biogas Association to Boost Bioenergy Sector
Key Ideas
- Indian Biogas Association and Indian Oil Corporation Ltd sign MoU to develop bioenergy and bio-hydrogen sector.
- The collaboration aims to create a knowledge center, pool resources, and conduct training programs to boost the biofuels industry in India.
- IBA is actively working with ministries to create regulations supporting biogas, bio-CNG, and renewable energy sectors.
- Partnership includes synergy of R&D work on biofuels with a focus on industry-institute collaboration for a greener future.
The Indian Biogas Association has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Ltd (IOCL) to enhance the development of the bioenergy and bio-hydrogen sector in India. This collaboration aims to leverage the strengths of both organizations by establishing a knowledge center, pooling resources, and conducting training programs to support the growth of the biofuels industry. The partnership also includes policy advocacy efforts to create regulations that back biogas, bio-CNG, and renewable energy sectors. The collaboration will facilitate interactions with various stakeholders to enhance knowledge sharing and initiate programs for training and capacity-building in the biofuels sector. Gaurav Kedia, Chairman of IBA, highlighted the importance of working with central and state ministries to propose policy incentives for different categories of biofuels. Additionally, the MoU emphasizes the synergy of research and development activities in the biofuels field, focusing on collaborations between industries and institutes. The Indian Biogas Association, established in 2011 and revamped in 2015, is committed to promoting a sustainable future through the development of the biogas sector in India, with support from the German Biogas Association.