P K Patel & Associates

Industries / Green energy

Bio-CNG and CBG project finance, loans and subsidy advisory

Turn feedstock, technology and offtake assumptions into a traceable financial model before finalising the investment. We support vendor comparison, DPR/CMA, lender documentation and scheme eligibility review.

Discuss your project · Explore project finance support

Business explainer: cbg process.
On this page

What should a CBG financial model include?

A compressed-biogas project needs more than a gas-price assumption. Build the model around saleable output, delivered feedstock cost, operating availability and the time between spending and collections. Technology and production assumptions must be supported by project-specific technical evidence.

Comparison table Scroll horizontally on a small screen
InputEvidence to obtainWhy it changes the funding requirement
FeedstockQuantity and quality survey, test results, seasonal supply and delivered-price termsCollection, transport, storage and supply variation affect operating cash needs
Plant and vendorComparable operating references, scope, exclusions, performance conditions and maintenance supportHeadline equipment cost can omit civil works, utilities, spares or operating support
Saleable gasTechnical output basis, recovery assumptions, gas specification and downtime caseRaw biogas production is not the same as CBG accepted and paid for by a buyer
OfftakeDelivery point, gas testing, logistics, price mechanism and payment termsDispatch distance and collection timing affect margins and working capital
ManureQuality requirements, processing costs, buyers, logistics and payment termsDigestate production alone does not establish a profitable fertiliser business
AssistanceCurrent scheme conditions, sanction and release milestonesAn expected subsidy is not cash available to pay the next loan instalment

The GOBARdhan registration guidance explains the registration route for entities operating or intending to set up biogas plants. Registration must be distinguished from an approval under a particular funding scheme.

Worked example: what does DSCR tell a promoter?

Hypothetical illustration, not a project quotation or a lender's eligibility rule. Assume the annual cash available for debt service, calculated under the model's stated methodology, is ₹1.50 crore. Scheduled principal plus interest is ₹1.20 crore.

DSCR = cash available for debt service ÷ scheduled debt service = ₹1.50 crore ÷ ₹1.20 crore = 1.25.

Now assume lower saleable output and slower manure collections reduce that cash to ₹1.08 crore, while debt service stays ₹1.20 crore. The stressed DSCR becomes 0.90: the model has a ₹12 lakh annual cash shortfall before any additional funding arrangement. This is why a base-case ratio alone is insufficient. A lender determines its own methodology, covenants and acceptance criteria.

Do not count unapproved assistance as a substitute for promoter funds. Model a delayed-subsidy case separately and identify how the funding gap would be met.

Vendor identification: compare the complete scope

We can help identify potential vendors and structure a comparison covering operating references, feedstock suitability, quoted capacity, methane-recovery definitions, exclusions, payment milestones, warranty, service response and spare-parts responsibility. Independent engineering and operating-plant evidence remain essential; a commercial comparison is not a certification of gas yield.

The CBG plant bottlenecks guide explains feedstock procurement, methane loss, maintenance and fertiliser sales in more detail.

Loan and subsidy documentation support

Our work can include a project-cost statement, sources-and-uses schedule, DPR, CMA data where requested, cash-flow projections, debt-service scenarios, promoter document checklist and bank-query responses. Subsidy work can include eligibility review, expenditure classification, a deadline tracker and claim evidence.

The BioUrja programme page, checked on 9 September 2026, carries a closure notice for new Biomass and Waste-to-Energy applications until further notice. Check the current route rather than inserting an older CFA rate into a new DPR. Also read the Bio-CNG and GOBARdhan overview, with its scheme-specific qualifications.

Ongoing finance after commissioning

A plant MIS should distinguish feedstock received, operating hours, gas generated, CBG accepted by the buyer, invoices raised and cash collected. We can help structure operating and financial reporting with technical inputs supplied by the plant team.

Connect this work with Fractional CFO, Project Finance, Subsidy & Grants and Accounting & Bookkeeping.

Can every CBG project obtain a loan or subsidy?

No. Lender appraisal and scheme approval are separate decisions. Commercial viability, promoter contribution, documentation, permits, technical evidence and current scheme conditions need project-specific review. No approval, gas yield or vendor outcome is guaranteed.

Discuss your CBG project, or compare the planning requirements for a biomass pellet or briquette unit.