CBG Blending Obligation (CBO) will promote production and consumption of Compressed Bio-Gas (CBG) in the country, said Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas and Housing & Urban Affairs. In a major step towards enhancing use and adoption of CBG, the National Biofuels Coordination Committee (NBCC), chaired by Union Petroleum Minister announced yesterday the introduction of phase wise mandatory blending of CBG in CNG (Transport) & PNG (Domestic) segments of CGD sector.
The key objectives of the CBO are to stimulate demand for CBG in CGD sector, import substitution for Liquefied Natural Gas (LNG), saving in Forex, promoting circular economy and to assist in achieving the target of net zero emission etc. Highlighting the key outcomes of the CBO, Shri Puri Said that it will encourage investment of around Rs. 37500 crores and facilitate establishment of 750 CBG projects by 2028-29.
