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GAIL India, RMC sign concession agreement for setting up CBG plant in Ranchi

19 Mar 2021 Evaluate

GAIL India and Ranchi Municipal Corporation (RMC) have signed a Concession Agreement (CA) for setting up Compressed Biagas (CBG) plant in Ranchi. As per the agreement, the company will setup CBG Plant for processing 150 Tons per Day of Organic Municipal Solid Waste (MSW). The CBG plant will produce 5 Tons of Compressed Biagas per day and approximately 25 Tons of Fermented Bio Manure per day.

CBG plant would be beneficial for people of Ranchi by producing clean & green fuel and will be a step towards Aatmanirbhar Bharat.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

Peers
Company Name CMP
GAIL (India) 175.00
Gujarat Energy 254.75
Indraprastha Gas 153.45
Mahanagar Gas 1101.05
Adani Total Gas 602.90
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