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Suzuki Motor Corporation Invests in NDDB Mirda Ltd for Sustainable Bio-Gas Ventures

Suzuki Motor Corporation Invests in NDDB Mirda Ltd for Sustainable Bio-Gas Ventures
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Suzuki Motor Corporation Invests in NDDB Mirda Ltd for Sustainable Bio-Gas Ventures

Summary/StaticDetails
Why in the news?Suzuki's Investment in NDDB's Bio-Gas Venture
Suzuki's Stake26% stake in NDDB Mirda Ltd, with a provision to increase to 49%.
Initial Investment₹8.84 crore out of ₹34 crore equity capital, with gradual increases.
Focus AreasSustainability through CBG and CNG for environmentally friendly vehicles.
Key CollaboratorsSuzuki, NDDB, Banas Dairy.
Project LocationsFour dung-based CBG plants in Banaskantha, Gujarat.
Bio-Gas QualityCBG from cow dung found to be superior for vehicle performance and longevity.
Government SupportPhase-wise mandatory blending of CNG with CBG from FY 2025-26, with increasing CBG blending obligations.

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