KIS Group, Paras Dairy to Invest ₹10 Billion to Set Up 10 BioCNG Plants
The projects will be developed in Maharashtra, Uttar Pradesh and Madhya Pradesh
September 9, 2026
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Clean technology company KIS Group and Paras Dairy have announced that they would set up 10 BioCNG plants with an estimated investment of ₹10 billion (~$105.14 million). The plants will be developed in Maharashtra, Uttar Pradesh, Madhya Pradesh and other states, and are expected to be operationalized by 2029.
Under the partnership, KIS Group will be responsible for technology, construction, and operation of the plants, while Paras Dairy will handle feedstock arrangements, land, and approvals. The two companies will form a joint venture for the proposed plants.
Farmers will participate in the projects as feedstock partners, supplying cattle dung and agricultural residues including paddy straw, wheat straw, maize waste and vegetable waste. The biogas plants will generate fermented organic manure (FOM), which will be supplied to farms and fields to enrich the soil. Apart from BioCNG, the plants will produce BioCO2 and solid/liquid FOM fertilizers as by-products.
Each facility is expected to process 65,000–85,000 metric tons of organic waste annually, using dairy waste, animal manure, Napier Grass and agricultural waste as feedstock, and will produce BioCNG up to 10 metric tons/day and associated organic fertilizers.
The first plant is expected to become operational by the fourth quarter of 2027.
Based in Bengaluru and Singapore, KIS Group specializes in biogas, BioCNG, and BioLNG solutions. Its operations span India and Southeast Asia.
“India generates an estimated 555 million tons of cattle dung alone; the raw material opportunity for BioCNG is even more significant if we account for agricultural and other organic waste. We have an opportunity to build this into a viable industry at scale. The next phase of BioCNG growth will depend on solving for feedstock aggregation and technology together,” said KR Raghunath, founder and CEO, KIS Group.
The development comes amid the growing prominence of biogas as an alternative to conventional CNG and natural gas and India’s clean energy ambitions. In August, the Union Cabinet approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas production in India.
In March, Netherlands-based investment manager Climate Fund Managers announced a $32.2 million commitment to support Akaia Green Fuels’ waste-to-biogas project in Uttar Pradesh.
