Banas Dairy signs Rs 230-cr deal with Suzuki subsidiary, NDDB to set up four biogas plants
These plants will be established by 2025, the dairy said in a statement. Banas Dairy is one of the biggest among the 18 dairies under the Gujarat Co-operative Milk Marketing Federation (GCMMF), popularly known as Amul.
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The statement said that the collaboration began last December when Banas Dairy signed a memorandum of understanding with Suzuki and NDDB. This dairy produces over 85 lakh litre of milk a day, said to be the highest in Asia, and has recorded a turnover of Rs 18,000 crore in 2022-23.
Representative Banas Dairy on Wednesday signed a three-party agreement worth Rs 230 crore with Suzuki R&D Centre India Private Limited, a wholly-owned subsidiary of Suzuki Motor Corporation in India, and National Dairy Development Board (NDDB), to establish four animal dung-based biogas production plants in Banaskantha district.
These plants will be established by 2025, the dairy said in a statement. Banas Dairy is one of the biggest among the 18 dairies under the Gujarat Co-operative Milk Marketing Federation (GCMMF), popularly known as Amul.
A “contract conclusion” ceremony was held at the Embassy of India in Tokyo on Wednesday in the presence of Banas Dairy chairman and Gujarat Assembly Speaker Shankar Chaudhary; Ambassador of India to Japan, Sibi George; Suzuki Motor Corporation Japan president T Suzuki; NDDB chairman Meenesh Shah; Amul managing director Jayen Mehata and Banas Dairy managing director Sangram Chaudhary.
The statement said that the collaboration began last December when Banas Dairy signed a memorandum of understanding with Suzuki and NDDB. This dairy produces over 85 lakh litre of milk a day, said to be the highest in Asia, and has recorded a turnover of Rs 18,000 crore in 2022-23.
“The numbers of plants can be further increased as per mutual agreement of all parties. These plants will play a crucial role in reducing pollution and preserving our environment and also generate green and clean energy, with a total investment of approximately Rs 230 crore. Additionally, biogas filling stations will be set up alongside each plant to distribute fuel for CNG vehicles and organic fertiliser production facilities will be established to promote organic farming,” it added.
Maintaining that the project is focused on making India cleaner and helping farmers earn additional income from byproducts of their animal husbandry business, the statement said, “This cleaner energy of bio CNG can be further utilised for production of green hydrogen as well as liquid bio methane as green energy sources.”
The statement quoted Shankar Chaudhary as saying, “This project is a testament to the vision of our Prime Minister Narendra Modi, who is guiding us to create a greener India and provide our farmers with additional income opportunities with net zero carbon neutrality and promoting circular economy. These projects are an initial step to make Banaskantha district an organic district and energy self-reliant district.”
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