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HomeBiofuelChhattisgarh: Investors invited to invest in Bio-ethanol and other sectors

Chhattisgarh: Investors invited to invest in Bio-ethanol and other sectors

Chhattisgarh has potential for green hydrogen production and the state plans to offer extensive incentives to support investors through its new Industrial Policy 2024-29 to build a green economy. The announcement was made during the recent Global Renewable Energy Investor Meet-2004 “Green Hydrogen CEO Round Table” conference in Gujarat that was attended by Chief Minister Vishnu Deo Sai and Energy Department Secretary P. Dayanand.

Sumit Sarkar, the Chief Executive Officer of the Chhattisgarh Biofuel Development Authority (CBDA), represented Chhattisgarh at the conference. He highlighted the state’s considerable opportunities in the field of unconventional energy, encouraging investment in biomass-based projects such as bioethanol, biojet aviation fuel, compressed biogas, and green hydrogen.

The conference discussed how Chhattisgarh’s rural areas are rich in biomass resources, including agricultural waste, dairy byproducts, fruit and vegetable market waste, and cow dung. These resources, with the right technology, offer the potential for large-scale production of green hydrogen. If successful, this initiative could lead to the use of green hydrogen in major industries within the state, such as steel, food processing, and fertilizer plants. This would contribute to the National Green Hydrogen Mission’s 2030 goal of producing 5 million metric tons of green hydrogen and support India’s energy self-sufficiency and conservation efforts.

Sarkar reassured investors that the new Industrial Policy 2024-29 would provide significant incentives for green economy investments and help create new job opportunities in the state.

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