The Indian Biogas Association (IBA) has highlighted the potential of converting 7.3 million tonnes of burnt paddy straw into renewable energy, valued at Rs 270 crore annually. This agricultural waste can be transformed into Compressed Bio-Gas (CBG) using advanced anaerobic digestion processes, which can replace imported natural gas. Additionally, the straw's cellulose content makes it suitable for bioethanol production, potentially saving Rs 1,600 crore in imports. The initiative is projected to attract investments of Rs 37,500 crore and establish 750 CBG projects by 2028-29. This shift not only promotes energy security but also addresses environmental concerns related to straw burning, which releases significant carbon emissions. The IBA emphasizes the need for innovative technologies to convert waste into valuable resources, contributing to a sustainable bioeconomy.