Biogas Investment Technology Specialists and Sweden's State Fund Invest in Indian Biogas
Power and technology specialist Scania teams up with Sweden's national fund Swedfund to promote the use of biogas as an automotive fuel in the Indian city of Nagpur. The Swedes plan to use municipal wastewater as an renewable enrgy source for the city's 2.5 million inhabitants.
Nagpur/India – Nagpur is participating in the Indian Government’s initiative to improve the environment and transport systems in the country’s 100 largest cities. The plans for the biogas project were presented in connection with the inauguration of Scania’s bus facility in Narasapura in Karnataka state.
"This is a Swedish venture, which in a sustainable and profitable manner can create many new jobs and contribute to India’s shift towards renewable fuels. Biogas is the fuel of the future, which will contribute to solving India’s huge pollution problems while taking a comprehensive approach to the major environmental challenges,” says Swedfund’s CEO Anna Ryott.
Biogas Could Help to Overcome India's Emissions Problem
Today India occupies third place in terms of global carbon dioxide emissions, and these emissions are expected to double in the next few decades. In line with the country’s continued urbanisation, the quantity of waste produced in the cities is also increasing.
“Scania has vehicles and technologies that can contribute to this shift, here and now. We see great opportunities for Sweden as a country to lead the development towards sustainable cities in the world in general and in India in particular. For this reason, we are extremely happy to be able to take this step together with Swedfund” says Scania's President and CEO Martin Lundstedt.
Energy and Sustainability Initiative in 100 Cities with International Support
The Indian Government led by Prime Minister Narendra Modi is working actively to improve the environment and accessibility in 100 large cities in the country. The initiative is called Smart Cities. The Government is also approaching international companies that want to invest in technologies and systems that can promote the development of sustainable cities.
Producing biogas from waste in major cities and residual products from agriculture represents an important part of the solution to India’s problems with air pollution, waste management and the cost of imported energy.