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Reliance to set up 100 CBG plants in 5 years: Mukesh Ambani

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Mukesh Ambani 46 Reliance AGM

RIL chairman Mukesh Ambani addressing annual general meeting

Mumbai: Reliance Industries Ltd, the owner of the world's largest single-location oil refining complex, will set up 100 CBG plants to convert agri-waste into gas, its chairman Mukesh Ambani said on Monday.

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Speaking at the company's annual shareholder meeting, he said after setting up two demo units for compressed biogas (CBG) at Jamnagar, Reliance has commissioned the first commercial-scale CBG plant at Barabanki in Uttar Pradesh in a record time of just 10 months.

"We will rapidly scale this up to 25 CBG plants across India. Our target is to establish 100 CBG plants in the next 5 years, consuming 5.5 million tonnes of agro-residue and organic waste, thereby mitigating nearly 2 million tonnes of carbon emissions, and producing 2.5 million tonnes of organic manure annually," he said.

This would result in a reduction of about 7 million tonnes per annum of imported LNG, he added.

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