How to start Business of Bio CNG
Here is a Detailed Project Report on the Bio CNG or Compressed Natural Bio Gas, its process, market position, demands, investment opportunity and project financials. It comprises a comprehensive analysis of the industry. The report also includes plant capacity, requirement of land and building, raw material detail with supplier list, plant & machinery, flow sheet diagram, total Capital investment along with detailed calculation on rate of return, break-even analysis and profitability analysis. The entire world is working on finding renewable energy in all forms. We are trying to find green alternatives for every type of fuel. We need a way to decrease our carbon footprint. And we have to do this before the planet turns into a natural tandoor. The governments of various countries are promoting Electric Vehicles, Nuclear Power Plants, Solar Energy, etc. One such green energy is Bio CNG.
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What is Bio CNG?
We have all heard of CNG, it stands for Compressed Natural Gas. It is a mixture of hydrocarbon and consists 80% to 90% of Methane in gas form. This is compressed, due to its low energy, to a pressure of 200 kg/cm2 to 250 kg/cm2. And that’s why it's called Compressed Natural Gas. Now Bio CNG is a renewable version of CNG. It is obtained by biogas through purification. It is produced from the microbes found in plants, food remains, wastewater and remains of crops.
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Difference between CNG and Bio CNG.
There are two differences between CNG and Bio CNG. But they’re a major differences between the two fuels. The first one is, of course, the obvious one. CNG is not a renewable source of energy. It cannot be renewed or recycled, whereas Bio CNG is a renewable source of energy. It is created through recycling and can be recycled. The second difference is that CNG has a higher level of Alkaline than Bio CNG.
?What is Bio CNG used for?
Let’s start with the obvious. Bio CNG is used as an alternative for CNG to fuel vehicles. It is a great replacement for CNG because it is both cheaper than CNG and it has a lower emission level than CNG. In India, CNG costs ? 69.11 per kg at the minimum, whereas Bio CNG costs ? 46 per kg. Now to state the obvious, this makes Bio CNG pocket friendly for the middle class and lower class in India.
The second use of Bio CNG is as a replacement for LPG. Now as I said earlier Bio CNG is just a purified version of Biogas. And guess what Biogas is used for? Biogas is used in India to cook food in rural areas. Now Bio CNG is just a cheaper and purer form of Bio gas that is not only cheaper than the biogas but also ecofriendly. It becomes a great substitute for LPG. Bio CNG is actually used in Mahindra World City to power streetlights.
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Bio CNG market in India and Business Opportunity.
India is the third largest energy consuming country in the world, thanks to our populated lands. And out of it 90% energy is fueled by Petrol or diesel, and about 84.4% is imported from outside. We also produce the most land waste and water waste. Bio CNG has a great opportunity due to these two reasons. Not only does production of Bio CNG make us self-reliant, but also to produce the bio CNG we need waste water, food waste, and all other stuff that we have in abundance. Not only that, in September of 2018, had The Government of India announced the SATAT policy. SATAT stands for Sustainable Alternative towards Affordable Transportation. The objective of this policy is to set up 5000 Bio CNG plants all across India. And to domestically produce 15 million tons of Bio CNG. The Bio CNG market has seen a rise in entrepreneur entry and a sudden rise in popularity and demand. Now here are a few reasons why Bio CNG.
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????The Demand for Sustainable and Renewable Energy Sources.
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Let’s start with the main reason why alternative energies exist. We need to get rid of dino oil i.e Fossil Fuel. It’s not a “should” but a “Must” there is no other way. The planet is boiling and we have about 25 years before all hell breaks. The last few decades have seen a rise in demand for Sustainable and renewable energy.
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????Bio CNG is the cheap alternative.
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Now I have said this a lot of times before, I say it again. 67% of India lives in rural areas. If you earn more than 25,000 a month you are in the top 10% of our population. Most of India lives on daily wage. In the last 8 years our country has seen our low employment rate turn into a negative employment rate, instead of getting jobs, people have lost their jobs. And on top of that coal, petrol, diesel and CNG keeps getting costlier. This opens a doorway for Bio CNG to take over as the Fuel in India.
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????Bio CNG market doesn’t have any key players yet.
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Now let's talk from a business point of view. India hasn’t seen any key player in Bio CNG production. It makes the road for all the entrepreneurs to get on the bandwagon and try to make an impact on the industry. In the recent years India has seen a lot of entrepreneurs taking interest in the Bio CNG market.
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?We at Entrepreneur India provide exhaustive information on the sector/business you plan to pursue, we ensure your startup meets all the rules and regulations. Our market research reports as well as our project counselling provides you with new insights which not only gives you a humongous head start, but also helps accelerate growth.
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The Project report presented by Entrepreneur India for new businesses includes a broad commercial center investigation. The report covers region wise patterns trending in the sector, overseas trade, and the regulatory framework with complete SWOT analysis of the business.
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AA_20Art22
President of Yikodeen & Investor | SDGs Promoter
2 年How can we work on this in another climate, e.g Africa?
Lead Product Development, Worked on plastic parts development(car interior and exterior),Electric vehicle
2 年Nice article. Please accept my invitation I would like to discuss more about Bio CNG.. Thanks Ranjit