Gujarat Energy plans CBG entry with ₹100 crore investment
In short
Gujarat Energy has issued an expression of interest to find joint-venture partners for compressed bio-gas plants. The estimated investment is about ₹100 crore.
What the reporting says
Gujarat Energy, a Gujarat government-owned PSU, issued an expression of interest to seek joint-venture partners for setting up and running compressed bio-gas plants. BusinessLine said the estimated investment is about ₹100 crore. The move signals the company’s planned entry into the CBG space through partnerships.
Why it matters
Gujarat Energy, a government-owned PSU in Gujarat, issued an expression of interest seeking joint-venture partners for compressed bio-gas plants. The BusinessLine brief puts the estimated investment at about ₹100 crore. The move is relevant for the company’s expansion plans and for the CBG segment in Gujarat.