United Nations Industrial Development Organization (UNIDO) has invited bids from companies or consortiums of companies to set up biomethanation projects showcasing specific developments in one or more areas of innovations.

UNIDO and the Ministry of New and Renewable Energy (MNRE) under the UNIDO-MNRE project, Organic Waste Streams for Industrial Renewable Energy Applications in India, support the scale-up of innovative industrial organic waste-to-energy biomethanation technologies and business models. The fund manager on behalf of UNIDO under the GEF-MNRE-Project may provide up to 5% subvention on the market interest rate of the project loan obtained from any Reserve Bank of India (RBI)-approved bank. The interest subvention aims at providing short-term credit developers at a subsidized interest rate. The last date to submit the bids is February 28, 2021.