Page 6 - Latest Updates on Ethanol E20

Bill to promote non-fossil energy sources, carbon credit trading passed

A bill seeking to mandate the use of non-fossil energy sources such as biomass, ethanol and green hydrogen was passed by Parliament on Monday. The Energy Conservation (Amendment) Bill, 2022 was cleared in Rajya Sabha by a voice vote on Monday. Lok Sabha passed the legislation in the previous session in August this year. The bill provides for penalties for violations by industrial units or vessels, and on manufacturers if a vehicle fails to comply with fuel consumption norms. The amendments also seek to promote renewable energy and the development of a domestic carbon market to battle climate change. The bill is also aimed at helping the country achieve its international commitments on climate change. It aims to introduce new concepts such as carbon trading and mandate the use of non-fossil sources to ensure faster decarbonisation of the Indian economy and help achieve sustainable development goals in line with the Paris Agreement. Replying to a debate on the bill, Minister of New

Bill to promote use of non-fossil fuels introduced in Rajya Sabha

A bill that seeks to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass, was introduced in Rajya Sabha for passage on Thursday. The Energy Conservation (Amendment) Bill, 2022, is also aimed at helping the country achieve its international commitments on climate change. The legislation was cleared by Lok Sabha in August this year. Piloting the bill in the Upper House, Power Minister R K Singh said the country is working towards reduction in emissions although its per capita emissions is about one third of the global average. "If we look at the total carbon dioxide load on the environment, our contribution is just 3.4 per cent even as our population is 17.5 per cent of the global population," he said. Yet, the county has emerged as one of the leading nations in energy transition and climate action, he added. "Today our non-fossil fuel power generation capacity is 42 per cent of our total capacity which is around 408 giga watt," he said, adding that t

Cabinet okays mechanism for ethanol procurement by public oil companies

A remunerative price to ethanol suppliers will help in early payment to cane farmers, in the process contributing to minimize the difficulty of sugarcane farmers.

Cabinet hikes ethanol prices, approves subsidy for non-urea fertilisers

The industry has on several occasions told the government the price of ethanol produced from sugar juice or syrup should be based on returns on equity

Cabinet approves higher ethanol procurement price by OMCs for blending

The government has been implementing EBP, where OMCs sell petrol blended with ethanol up to 10 per cent

Govt's ethanol blending programme faces supply and pricing problem

The government's ambitious aim to double the blending target could face challenges from two of the three sources: Grain-based and biomass-based

Reduce sugar production, focus on ethanol: Gadkari tells sugar mills

He also argued that the sugar industry should try to create avenues through which ethanol could be sold directly to the automobile industry

Expedite sugar export policy, need to do 8 mn tonnes next yr: ISMA to govt

The apex sugar body has urged the govt to not experiment with a new export system

Top Headlines: Stricter framework for FPI owners, India Inc's capex, & more

The Securities and Exchange Board of India (Sebi) is mooting a stricter framework for identifying "beneficial owners (BOs)" of foreign portfolio investment (FPI) in the country

Ethanol purchase price may be hiked by up to Rs 2 per litre next year

Some officials feel increase should be limited to Rs 2 per litre

Chhattisgarh's first ethanol plant to come up in Kabirdham district

The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.

Ethanol plants to generate green jobs, raise farmer income: PM Modi

India's ethanol blending in petrol has increased to 10.16 per cent in 2022

LIVE news updates: Nitish Kumar takes oath as Bihar CM for the 8th time

Live news updates: According to broader contours of the power sharing formula, the RJD will have the largest number of ministers

India's plan to produce ethanol from 2G sources taking time to pick up

Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat to start on Wednesday

India's sugar output in 2022-23 may dip slightly to 35.5 mn tonnes: ISMA

As per ISMA, sugar production in 2022-23 is estimated at 355 lakh tons as against 360 lakh tons in current marketing year ending September due to diversion of sugarcane towards ethanol manufacturing

Ethanol blending in fuel crucial for energy security: Union Minister Teli

The minister of state for petroleum and natural gas said work on meeting the target of 10 per cent ethanol blending in petrol was on track

Indian oil firms to compensate ethanol makers for higher energy costs

Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production

India turns 10% of its petrol green; targets to double it by 2025-26

India has achieved the target of supplying 10 per cent ethanol-blended petrol ahead of schedule and is aiming to double blend by 2025-26 in order to cut oil import dependence

Efforts on to introduce ethanol in agri, construction equipment: Gadkari

Union Minister Nitin Gadkari on Saturday stressed on the need to switch to alternative fuel like ethanol and said efforts are on to introduce ethanol in construction and agriculture equipment.

Cabinet approves National Biofuel Policy after slew of amendments

Also, more feedstocks have been allowed for the production of biofuels which can be doped with auto fuels