Reliance Industries Ltd and DBS Bank partner to finance CBG projects

Reliance Industries Ltd has joined hands with DBS Bank India to launch a financing program for compressed biogas (CBG) plants.

The financing will enable the ecosystem development for vendor partners to aggregate agri-residue as inputs for the Reliance Compressed Biogas (CBG) production plants across India, the company said, adding that the funding structure will ensure that the logistics are designed in a way that this new stream remains competitive and achieves enhanced commercial scale.