BPCL Inks Pacts For CBG Plants In Raipur, Bhilai
Bharat Petroleum Corporation (BPCL), the Chhattisgarh Biofuel Development Authority and the Municipal Corporations of Raipur and Bhilai, on Wednesday, signed a memorandum of understanding (MoU) for the production of Compressed Bio Gas (CBG) in Chhattisgarh, as per the statement.
Under the agreement, BPCL will spearhead the establishment of CBG plants in Raipur and Bhilai, each with an investment of approximately Rs 100 crore. These state-of-the-art plants will boast a processing capacity of 100-150 tonnes per day, harnessing the potential of municipal solid waste to produce biofuel.
According to the statement, approximately 200-250 metric tonnes of municipal solid waste will be utilised daily in the production of biofuel. The establishment of these plants is poised to generate approximately 60,000 man-days of employment directly and indirectly every year, bolstering economic growth and livelihoods in the region.
Highlighting the economic benefits of the initiative, Chief Minister Sai said that the state stands to receive GST revenue to the tune of Rs 45 lakh per year upon production and sale at full capacity. Additionally, the plants will yield organic fertilizer as a valuable by-product, furthering the state's efforts towards promoting organic farming and agricultural sustainability.
The MoU was formally signed by key stakeholders including Devesh Kumar Dhruv, Commissioner of Bhilai Municipal Corporation, Shri Avinash Mishra, Commissioner of Raipur Municipal Corporation, Anurag Saraogi, Chief General Manager -Biofuel, and Sumit Sarkar, Chief Executive Officer of Chhattisgarh Biofuel Development Authority.
