Mumbai: Reliance Industries Ltd, the owner of world’s largest single-location oil refining complex, will set up 100 CBG plants to convert agri-waste into gas, its chairman Mukesh Ambani said Monday.
Speaking at the company’s annual shareholder meeting, he said after setting up two demo units for compressed biogas (CBG) at Jamnagar, Reliance has commissioned the first commercial scale CBG plant at Barabanki in Uttar Pradesh in a record time of just 10 months.
“We will rapidly scale this up to 25 CBG plants across India. Our target is to establish 100 CBG plants in the next five years, consuming 5.5 million tonnes of agro-residue and organic waste, thereby mitigating nearly two million tonnes of carbon emissions, and producing 2.5 million tonnes of organic manure annually,” he said.
This would result in reduction of about seven million tonnes per annum of imported LNG, he added.
PTI
