|S No||Lower Retail Selling Price of CBG ìn Slab (inclusive of tax)in Rs/kg||Higher Retail Selling Price of CBG ìn Slab (inclusive of tax)in Rs/kg||Procurement Price of CBG(without GST)in Rs/kg||Procurement Price of CBG(with GST)in Rs/kg|
|1||Retail Selling Price of CBG upto Rs 70||Rs 54.00||Rs 56.70|
|2||Rs 70.01||Rs 75||Rs 55.25||Rs 58.01|
|3||Rs 75.01||Rs 80||Rs 59.06||Rs 62.01|
|4||Rs 80.01||Rs 85||Rs 62.86||Rs 66.01|
|5||Rs 85.01||Rs 90||Rs 66.67||Rs 70.01|
|6||Rs 90.01||Rs 95||Rs 70.48||Rs 74.01|
|7||Rs 95.01||Rs 100||Rs 74.29||Rs 78.01|
As per the revised Priority Sector Lending (PSL) guidelines issued by Reserve Bank of India (RBI) dated 04th September 2020, Loans for setting up Compressed Bio Gas (CBG) plants have been included as fresh categories eligible for finance under priority sector, which would enable better credit penetration for setting-up CBG plants.
To promote the manure produced from CBG plants, Fermented Organic manure (FOM) and Digested Biogas Slurry have been included under Fertilizer Control Order (FCO) 1985.
Ministry of New and Renewable Energy provides capital subsidy for Compressed Biogas (CBG) projects under “Programme on Energy from Urban, Industrial, Agricultural Wastes/Residues and Municipal Solid Waste”.
As per the revised guideline dated 28th February 2020, the scheme is extended till 31st March 2021 or till the date the recommendations of 15th FC come into effect. Details of MNRE subsidy for CBG projects (as per the latest guidelines) are as follows:
BioCNG / Enriched Biogas / Compressed Bio Gas
Rs 4.0 Crore per 4800 kgs of BioCNG/day generated from 12000 m3 Biogas/day (Mweq)
(Maximum CFA - Rs 10 Crore/project)
Upcoming Biogas plants, which produce BioCNG / Enriched Biogas Produced from Biogas generated through biomethanation of Urban waste including segregated MSW/ Agricultural Waste / Industrial wastes / Effluents or mix of these wastes, are eligible for this financial assistance.
In case developer wants to set up BioCNG/Enriched Biogas generating unit at already existing Biogas plant or at distillery effluent based Biogas plant, applicable CFA will be Rs 3.0 Crore/MWeq