CII seeks flexible mandate for biofuels

Image
Sudheer Pal Singh New Delhi
Last Updated : Jan 29 2013 | 1:33 AM IST

"We have asked for a flexible mandate to be enacted, taking into consideration the availability of biofuels in different states or regions," said Pramod Chaudhary, head of the CII committee on biofuels.

This availability had to be declared twice a year or at least annually, or the the policy would remain useless, he added.

The apex body also shared its recommendations with the group of ministers (GoM) which finalised the policy recently.

Assigning the delay in finalising of the policy to lack of availability of data, he added that the CII had demanded proper documentation of demand and supply mismatches of biofuels in the country to accommodate a proper transportation model for biofuels across the states.

While states like UP and Maharashtra contribute to a major chunk of the biofuels production in the country, some states like MP and West Bengal still lack enough pockets of production.

To facilitate smooth inter-state sale and purchase of biofuels, the CII has also recommended

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 20 2008 | 12:00 AM IST

Next Story