Suzuki to Invest in NDDB Subsidiary  to Setup Biogas Plants in India

Suzuki Motor Corporation has signed an agreement to invest in NDDB Mrida Limited, a wholly owned subsidiary of the National Dairy Development Board (hereinafter, NDDB), through Suzuki R&D Center India Private Limited, a wholly owned subsidiary of Suzuki in India.

A signing ceremony was held at NDDB headquarters in Anand, Gujarat, on Wednesday, with NDDB’s Executive Director S Rajeev, Suzuki’s President Toshihiro Suzuki and main Indian dairy industry in attendance.

The biogas plants will utilize cow dung to produce biogas, which will then be purified and compressed to generate compressed biomethane gas for vehicles. This project aims to promote environmental conservation and agricultural development while providing clean energy.

Suzuki Motor Corporation plans to invest over ₹250 crores (approximately $30 million USD) in setting up five biogas CNG plants in the Banaskantha district of Gujarat, India. These plants are expected to be operational by 2025 and will contribute to Suzuki's goal of achieving carbon neutrality in India.

It's a significant investment that will help promote sustainable energy solutions and support rural mobility services using biogas.

Mrida is a wholly owned subsidiary of NDDB, which was established in July 2022 to promote environmental conservation and agricultural development. The company establishes and operates biogas plants by using cow dung in India. Suzuki plans to expand its biogas business by establishing and operating biogas plants in cooperation with dairy cooperatives across India through Mrida.

Suzuki is also promoting rural mobility services using biogas fuel for CNG vehicles. This initiative aims to provide clean and affordable transportation in rural areas, starting with the Banaskantha district in Gujarat. In July this year, Suzuki concluded a three-party MoU for the basic agreement between Suzuki R&D Center India Private Limited, a wholly owned subsidiary of Suzuki in India, National Dairy Development Board (NDDB), and Banas Dairy (Headquarters: Banaskantha district, Gujarat) to setup the 5th biogas production plant as well as to promote rural mobility service utilizing biogas, which would contribute toward realizing carbon neutrality in India.

Notably, Suzuki has also signed agreements with Amul Dairy in Anand and Dudhsagar Dairy in Mehsana to establish additional biogas plants. These plants will further expand Suzuki's biogas business in Gujarat.
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