Nexgen Energia to Open a Compressed Biogas plant in Gujarat

Nexgen Energia, a sustainable energy solutions company, announced on Wednesday that it will invest approximately Rs 3,000 crore to establish a compressed biogas (CBG) plant in Gujarat. During a meeting with Gujarat Chief Minister Bhupendrabhai Patel, the company presented a proposal to invest in the state.

The company stated that once the CBG plant is operational, it will begin supplying compressed biogas directly to the CNG pumps.

"Nexgen Energia will invest more than Rs 3,000 crore to establish a CNG Compressed Biogas (CBG) plant in Gujarat, as well as EV units and other related infrastructure in the state. A proposal for this has been presented to the Gujarat government, and we will shortly sign an MoU for this.

"Organic fertiliser that would be made in the process of making CNG from stubble and waste through the CBG plant, will be made available to the farmers from whom the stubble would be procured," said Piyush Dwivedi, managing director of Nexgen

An investment of Rs 3,000 crore has been agreed upon for the combined projects (CBG and EV), and with the start of the CBG plant, the company will begin CNG supply directly to the pumps, he added.

Nexgen Energia has already established CBG plants in Punjab, Uttar Pradesh, and Haryana. During the Investors Summit in Uttar Pradesh, the company also proposed significant investments in the state, he said.