News Release Details
New Delhi 04-Feb-2021
Chairman speaking during the Review meet
Chairman Mr S M Vaidya reviewed IndianOil's outreach in the field of Compressed Bio Gas (CBG) on 03.02.2021, along with Director (P & BD) Mr G K Satish. The Review meeting held on the virtual platform was attended by the State Heads of Marketing Division and officers of AE&SD, BD. IndianOil's foray into CBG business affirms IndianOil's commitment to SATAT (Sustainable Alternative Towards Affordable Transportation), an innovative scheme launched by MoP&NG , Government of India envisaging production of 15 MMT of CBG from 5000 plants by 2023.
Director (P&BD) speaking on IndianOil’s foray into CBG business
Commenting on IndianOil's prospect in the CBG domain, Chairman said that the primary focus should be to issue 1500 LOIs (Letter of Intent) under SATAT. Mr Vaidya urged the State Offices to leave no stones unturned to achieve the targeted LOI numbers as set by the Alternate Energy & Sustainable Development Department. He also advised that the FAQs (Frequently Asked Questions) on CBG, as prepared by AE&SD, should be circulated to all State Offices. Earlier an elaborate presentation on IndianOil's CBG journey and roadmap was presented to Chairman. The presentation included a brief on the SATAT scheme. During the meeting, Director (P&BD) also shared his perspectives on the subject of CBG marketing. IndianOil has already initiated marketing of CBG under the brand name 'IndiGreen' from select Retail Outlets in the country.
A screenshot of the Participants during the virtual review process