RE India Expo 2023 to bring investments worth Rs 1,500-cr

Industry body Indian Biogas Association (IBA) expects around Rs 1,500 crore investment announcement in the biogas segment during 3-day long Renewable Energy India Expo 2023, beginning on Tuesday. The IBA comprises operators, manufacturers, and planners of biogas plants. “Renewable Energy India Expo 2023 (REI) will bring an opportunity worth Rs 1,500 crore. The participation is expected to increase by 25 per cent from last year,” an IBA statement said. According to the statement, major Indian conglomerates like Reliance Industries and Adani Solar will be part of the REI.

The Ministry of New and Renewable Energy and National Institute of Bio – Energy is supporting the biogas pavilion. The REI is scheduled to be held from October 4 to 6, 2023 at the India Expo Centre, Greater Noida, Uttar Pradesh. The expo is one of the largest trade expositions and events, focusing on renewable energy (bio-energy, solar, and wind) and energy efficient technologies including electric vehicles and battery storage. The objective of the exhibition is to accelerate India’s pledge towards net zero emission. A R Shukla, IBA president said in the statement, “Last year REI saw a huge success with the number of initiatives announced.