German Development Bank backs Indian Biogas venture with 38 mn euro funding

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CEF Group, an Indian cleantech company, has secured 38 million euros in funding from a German bank to build compressed biogas (CBG) plants. These facilities will convert agricultural and municipal waste into clean fuel, supporting India's SATAT initiative. With three projects already underway, CEF aims to establish 22 plants nationwide, fostering a circular economy and reducing reliance on fossil fuels.