Foundation Stone Laid for Reliance Compressed Biogas (CBG) Plant in Prakasam

In a significant push for clean energy and industrial development, Andhra Pradesh IT & Electronics Minister Nara Lokesh laid the foundation stone for Reliance New Energy's Integrated Compressed Biogas (CBG) Plant near Divakarapalli village, P.C. Palli Mandal, Kanigiri constituency.

- METRO INDIA NEWS

This milestone project, spanning 475 acres, marks the beginning of a major investment plan by Reliance in Andhra Pradesh, with a total investment of Rs.65,000 crore aimed at generating 2.5 lakh jobs across the state.

The event saw the presence of Reliance Industries Director P.M.S. Prasad, Reliance Industries Limited AP & TS Mentor P.V.L. Madhava Rao, and Reliance Bioenergy CEO Harindra K. Tripathi. Minister Lokesh emphasized that this initiative aligns with Chief Minister Chandrababu Naidu's P4 Policy, aiming for a poverty-free Prakasam.

"This project is not just about energy but about empowering farmers and creating large-scale employment," Lokesh stated. The plant will utilize Napier grass for biogas production, ensuring a stable income for farmers, with lease payments of Rs.15,000 per acre for government land and Rs.31,000 per acre for private land. Farmers will also receive a fixed price for the grass they cultivate, strengthening the agricultural economy.