Reliance Industries’ next big plan after telecom and retail is green energy. The compressed biogas (CBG) fits perfectly in the company’s new initiative and is in the process of setting up 100 CBG plants across India.
However, the raw material that gets into CBG plants is sugarcane press mud (SPM). The leadership of Reliance Industries is talking to various sugar mill owners to source the product.
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Reliance Industries Limited’s (RIL) big plans in the bioenergy sector
“RIL is actively engaging with prominent sugar mills to secure a steady supply of press mud for its CBG plants. The company has initiated discussions with large sugar mills known for their capacity to provide substantial daily volumes of press mud across various locations nationwide, as disclosed by an executive involved in the negotiations. In a September announcement, RIL Chairman Mukesh Ambani outlined ambitious plans to establish 100 CBG plants within the next five years. The upcoming CBG facilities will leverage 5.5 million tonnes of agricultural residue and organic waste.
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RIL will use Indigenous technology to turn SPM into compressed biogas.
During the 7th Edition of the Bengal Global Business Summit in Kolkata on November 21, Ambani shared that the conglomerate has achieved the status of India’s largest bio-energy producer. This achievement is attributed to the utilization of the company’s domestically developed technology. The usage of indigenous technology has prevented the money from going out of India as royalty to the foreign patent owner.
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RIL will help farmers to boost their incomes through Compressed BioGas plants
Ambani communicated in the Bengal business meeting that Reliance is committed to assisting farmers in cultivating energy plantations on a large scale. “We are dedicated to supporting farmers in cultivating extensive energy plantations. Our plan includes the establishment of CBG plants in Bengal, empowering local farmers to enhance their income by serving dual roles as providers of both food and energy. Through our ongoing and upcoming investments in these three sectors, Reliance aims to stride forward alongside the people of Bengal, fostering a future characterized by shared prosperity, technological innovation, inclusivity, and harmony,” he stated.
Reliance industries Limited’s CBG initiative will have an impact on the environment
This initiative will eventually mitigate nearly 2 million tonnes of carbon emissions annually while generating 2.5 million tonnes of organic manure.
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