Suzuki Motor Corporation Invests in NDDB Mirda Ltd for Sustainable Bio-Gas Ventures
| Summary/Static | Details |
|---|---|
| Why in the news? | Suzuki's Investment in NDDB's Bio-Gas Venture |
| Suzuki's Stake | 26% 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 Areas | Sustainability through CBG and CNG for environmentally friendly vehicles. |
| Key Collaborators | Suzuki, NDDB, Banas Dairy. |
| Project Locations | Four dung-based CBG plants in Banaskantha, Gujarat. |
| Bio-Gas Quality | CBG from cow dung found to be superior for vehicle performance and longevity. |
| Government Support | Phase-wise mandatory blending of CNG with CBG from FY 2025-26, with increasing CBG blending obligations. |

