India will at the upcoming G20 meeting plans to pitch for a global alliance on biofuels on lines of the highly-successful international solar alliance, Oil Minister Hardeep Singh Puri said on Tuesday. The International Solar Alliance (ISA) was conceived as a coalition of solar resource-rich countries to address their special energy needs and was launched on November 30, 2015 by India and France to implement the Paris Agreement. India, the world's third largest oil-consuming and importing nation, is now pushing for greater use of biofuels extracted from sugarcane, cereals and agri waste as a means to cut reliance on crude oil. "We will utilise our G20 presidency to try and set up an international biofuel alliance like the International Solar Alliance," Puri said KPMG's ENRich 2022 conference here. India is taking over the presidency of the group of 20 major economies, also called G20, and will host a meeting of the member nations in September next year. With nations from Brazil to
Minister outlines plan for carbon reduction
Union Petroleum Minister Hardeep S Puri on Wednesday said that the number of petrol pumps selling biofuels has increased threefold from 29,897 in 2016-17 to 67,641 in 2021-22. India's ethanol demand is poised to grow to 10.16 billion litres by 2025, he noted.The minister, who also has Housing and Urban Affairs portfolio, said India is ready from the supply side to launch E20."This target was advanced by five years from 2030 under the ethanol production goal of 1,000 crore litres to April 2023."He said that there is a need to massively upscale the production of flex-fuel engine vehicles in the country, according to an official statement.In the case of E20, 20 denotes the percentage of ethanol mixed with petrol. Essentially, the number signifies the percentage of ethanol in petrol.The minister was speaking at the plenary session on 'A giant leap for biofuels - Ethanol blending & SATAT Scheme' at Siam's International Conference on Biofuels - A Pathway Towards Sustainable Future in .
On the occasion of World Biofuel Day, PM Modi will dedicate the 2nd generation (2G) Ethanol Plant in Panipat, Haryana to the nation today
India has expanded the excise duty exemption for biofuels to encourage the blending of higher proportions of ethanol and components of vegetable oil with gasoline and diesel, a government order said.
India is yet to finalise its offshore wind policy and hold its first auction
Signatories of a letter from biofuels makers reviewed by Reuters want the legislation to use an accounting method known as the US Department of Energy's GREET model
STL already provides biofuels storage capacity for customers through a dedicated supply and delivery infrastructure.
Less than 15% of total ethanol supply in the market is currently from grain-based distilleries
Gadkari''s suggestion came at a time when the retail prices of petrol and diesel have skyrocketed in the country following the rise in the rates of crude oil in the international market.
The West Bengal government on Wednesday said it has received around 15 proposals for manufacturing biofuel, entailing an investment of Rs 2,666 crore
Essar Group and Fulcrum BioEnergy Ltd on Monday announced a 600 million pounds waste-to-fuel plant in North West of England
SEATTLE (Reuters) - Boeing Co said on Friday it will begin delivering commercial airplanes capable of flying on 100% biofuel by the end of the decade, calling reducing environmental damage from fossil fuels the "challenge of our lifetime."
The proposal for a general waiver could open the door to a contentious debate between the oil and biofuel industries just as Trump leaves the White House
The move would be a blow to the biofuel industry and corn producers that say the exemptions hurt demand for their products, though the oil industry refutes that
Biofuel producers claim the carbon intensity of their fuels is low, mainly because they are produced from renewable crops like corn and other organic materials
The waivers have been a battleground for the influential oil and corn lobbies, both major constituencies for Trump as he seeks re-election in November
There is high production and utilisation of PPE to protect the community of health workers and other frontline workers of Covid-19
Last year, the state government said it was, in partnership with the petroleum ministry, preparing an action plan to set up a large sized biofuel plant in every district
Move will lead to use of part of a stockpile of 30.57 million tonnes, which is almost 126% more than the buffer stock and strategic requirement norms