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Biofuel policy News

Rs 2,300-crore investment in biodiesel capacity stuck
Even as ethanol blending is gathering steam, the biodiesel blending programme has failed to take off, due to issues like higher raw material prices, marketing and double taxation by state governments. Investment of around Rs 2,300 crore in creating a biodiesel capacity of 1.2 million tonnes is stuck, according to the Biodiesel Association of India. "Companies like Emami and Ruchi came forward to invest

Wasted effort

The national biofuel policy announced by the government last week is well-intentioned but is not really practical. It aims for achieving a 20 per cent blending of biofuels with petrol as well as

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Biofuel policy gets govt approval

The national biofuel policy, aimed at facilitating development of indigenous biomass feedstock for production of biofuels, has been cleared by the Cabinet. The draft of the policy was prepared by

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Oil cos not buying ethanol

The implementation of the biofuel policy by October will be anything but sweet for the government, with the sugar industry claiming that oil marketing companies are unwilling to buy ethanol at the flo

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India to unveil bio-fuel policy in March
The Indian government will come out with a policy on bio-fuels by the first week of March, Minister for New and Renewable Energy Vilas Muttemwar said here Friday.

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