CEF Group Gets €38 Million from German Bank for CBG Projects

Current Context: On 1 August 2025, India’s CEF Group (Clean Energy Fuels Group) secured €38 million in equity and debt funding from the German Export Finance Bank to build Compressed Biogas (CBG) plants.

• The investment will fast-track two facilities in Jammu and Ahmedabad, as part of a larger plan to establish 22 CBG plants nationwide.
• These plants will convert municipal and agricultural waste into clean fuel, supporting the SATAT (Sustainable Alternative Towards Affordable Transportation) initiative.
• The project also promotes rural empowerment, energy independence, and a circular economy, with engineering and financing support from the Rieckermann Group

Question:

Q.1 On 1 August 2025, India’s Clean Energy Fuels Group (CEF Group) secured funding from which international institution to develop Compressed Biogas (CBG) plants?
a) Asian Development Bank (ADB)
b) European Investment Bank (EIB)
c) German Export Finance Bank
d) World Bank

Answer: c) The CEF Group received €38 million in equity and debt funding from the German Export Finance Bank to support biogas infrastructure in India.