New Delhi, Nov 23 (IANS) The 7.3 million tonnes of paddy straw, which is currently being burnt by farmers, can be converted into compressed biogas and bioethanol which could save Rs 1,600 crore forex on energy imports and cut pollution as well, according to a statement issued by the Indian Biogas Association (IBA) on Sunday.

This policy is likely to attract investments of Rs 37,500 crore and facilitate the setting up of 750 CBG projects in the country by 2028-29.

More significantly, this represents an import-substituting move toward LNG, ensuring savings in precious foreign exchange by building energy security from domestic resources, the statement said.

The latest anaerobic digestion processes can efficiently convert this agricultural residue into Compressed Bio-Gas (CBG), which can di

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