Under Sustainable Alternative Towards Affordable Transportation (SATAT) initiative, Public Sector Oil Marketing Companies (OMCs), Gail (India) Limited (GAIL) and Indraprastha Gas Limited (IGL) have issued 443 numbers Letters of Intent (LoIs) as on 29.11.2019 for setting up Compressed Bio Gas (CBG) plants in the country. Under this initiative entrepreneur is responsible for arranging finance for setting up CBG plants.

Ministry of Petroleum and Natural Gas has taken up the issue of bank financing of CBG plants with Ministry of Finance and Reserve Bank of India. Ministry has been reviewing progress of SATAT to facilitate setting of CBG plants.

This information was given by the Union Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan in a written reply in the Rajya Sabha today.

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