Suzuki Motor Corporation, the parent of Maruti Suzuki India (MSIL), has entered into a tripartite agreement between Suzuki R&D Centre India, the National Dairy Development Board (NDDB), and Banas Dairy to set up biogas production plants.Thus,how much is the outlay for the four biogas production plants that  will be set up in Banaskantha district in Gujarat ?

Solution

  Suzuki Motor Corporation, the parent of Maruti Suzuki India (MSIL), has entered into a tripartite agreement between Suzuki R&D Centre India, a wholly owned subsidiary of Suzuki in India, the National Dairy Development Board (NDDB), and Banas Dairy to set up biogas production plants.   The project will make fuel for automobiles by refining methane from biogas, which is generated by fermenting cow dung. Four biogas production plants will be set up in Banaskantha district in Gujarat for Rs 230 crore that will start operations from 2025.  Also, a biogas filling stand will be established alongside each plant, which will distribute fuel for CNG vehicles in which Maruti Suzuki holds over 70 per cent market share in India.