What does the blending mandate mean for investors?
mandate ≠ capacity
It converts voluntary demand into a legal obligation on CGD entities, which improves offtake certainty - but the volumes are consumption-linked targets, not a guarantee that supply exists. Petroleum Minister Hardeep Singh Puri stated the CBO would encourage investment of around 37,500 crore rupees and facilitate 750 CBG projects by 2028-29, which is a projection rather than a commitment.
- Source
- PIB (Nov 2023)
- mandate ≠ capacity
- A policy obligation to buy. It does not prove the plants exist to supply it — commissioned capacity is a separate number.
- Level
- Investor & policy — Money, risk, and what the policy actually says.
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