‘Biogas plants can bring in Rs 460m every year’
Kathmandu, September 8:
Nepal can earn an estimated Rs 460 million per year as royalty from preventing emission of carbon dioxide if all 1,68,491 biogas plants installed in the country are registered under the Kyoto Protocol.
Only 19,000 biogas plants have so far been registered under agreements reached between the government and the World Bank.
Experts say biogas plants also help enhance socioeconomic conditions of the people and help reduce deforestation.
An Italian citizen, Father BR Subole, first installed a biogas plant at a missionary school in Godawori in 1955. Since then, biogas plants have become quite popular in Nepal’s rural areas as an alternative source of energy.
The biogas project gained momentum after government installed 199 biogas plants in the country 1975 and formed the Biogas and Agriculture Tool Development Company in 1977.
Farmers who want to install biogas plants are given a subsidy of Rs 5,000 in the Terai, Rs 8,000 in the hills and Rs 11,000 in the mountainous areas. But the granting of subsidy will end after 2009.
Shekhar Aryal, president of the Nepal Biogas Promotion Group (NBPG), however, said only nine per cent of the total technical potential of around two million plants has been used as of today.