Tag: India

GAIL signs MOU to explore bio-ethylene JV with Petron Scientech

GAIL signs MOU to explore bio-ethylene JV with Petron Scientech

August 22, 2024 |

In India, GAIL (India) Limited and Petron Scientech Inc (Petron) have inked a Memorandum of Understanding (MoU) to jointly explore setting up of a 500,000 tons per annum bio-ethylene plant along with its downstream unit(s) in India, based on bio-ethanol produced in the plant in a 50:50 Joint Venture (JV) mode. In line with the […]

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Indian government weights proposal to increase ethanol prices from 2024-25 season

Indian government weights proposal to increase ethanol prices from 2024-25 season

August 16, 2024 |

In India, Financial Express reported that the Indian government is considering a proposal to increase ethanol prices for the next season commencing November 2024, while it aims to achieve the 20% blending target by 2025-26. The report cites sources saying that the revision of ethanol prices would be based on the fair and remunerative price […]

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Indian minister urges sugar mills to diversify ethanol, biofuel production

Indian minister urges sugar mills to diversify ethanol, biofuel production

August 16, 2024 |

In India, Business Standard reported that India’s Cooperation Minister Amit Shah called on sugar mills to explore alternatives to sugarcane for ethanol production. Shah said India would achieve its 20% ethanol blending target by 2025-26, ahead of the original 2030 deadline. The minister highlighted that the government’s ethanol blending program has helped reduce the country’s […]

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Sugar stocks rally on ethanol price hike buzz

Sugar stocks rally on ethanol price hike buzz

August 14, 2024 |

In India, Money Control reports sugar stocks in India saw an uptick of up to 5% amid reports that the government is poised to raise ethanol prices to foster production and meet its ambitious 20% blending target by 2025-26. Since the 2022-23 season, ethanol prices have been stagnant at Rs 65.61 per litre, a status […]

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India and Brazil ignite global biofuel ambitions

India and Brazil ignite global biofuel ambitions

August 13, 2024 |

In India, Financial Express reports on the occasion of World Biofuel Day, the Society of Indian Automobile Manufacturers convened the third iteration of its international conference, sparking discussions that could redefine road transport’s energy backbone. Under the banner “The Biofuel Revolution in India: Fueling Tomorrow,” the event became a crucible for ideas on merging ecological […]

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India’s diesel diet: a splash of ethanol

India’s diesel diet: a splash of ethanol

August 13, 2024 |

In India, The Economic Times reports in an ambitious bid to curb carbon emissions, India’s government has announced plans to blend 5% ethanol into diesel, a shift that could shake up both the energy sector and environmental efforts. This initiative, part of a broader strategy to reduce dependence on imported crude oil, aims to integrate […]

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Swachh Bio to invest Rs 1,000 Crore in Telangana for cellulosic biofuel plant

Swachh Bio to invest Rs 1,000 Crore in Telangana for cellulosic biofuel plant

August 12, 2024 |

In India, The New Indian Express reports Swachh Bio, a leading manufacturer of lignocellulosic biofuels, has announced plans to establish a second-generation cellulosic biofuel plant in Telangana. With an investment exceeding Rs 1,000 crore in the first phase, the plant will have a capacity of 250 kiloliters per day. This significant investment was revealed following […]

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Amit Shah urges sugar mills to diversify ethanol production with alternative feedstocks

Amit Shah urges sugar mills to diversify ethanol production with alternative feedstocks

August 12, 2024 |

In India, Business Standard reports Union Home Minister Amit Shah has urged sugar mills to diversify their ethanol production sources, moving beyond the traditional reliance on sugarcane. Speaking at an event organized by the National Federation of Cooperative Sugar Factories (NFCSF), Shah called on sugar mills to adopt a forward-looking approach, exploring alternative feedstocks like […]

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Indian minister announces push for ethanol vehicles

Indian minister announces push for ethanol vehicles

August 9, 2024 |

In India, Manufacturing India Today reported that India’s Union Minister of Road Transport and Highways, Nitin Gadkari, announced that a number of Indian businesses are setting up plants to manufacture automobiles and motorcycles that run entirely on ethanol. According to the minister, Toyota is the first car in the world to have a flex engine […]

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Indian aviation to utilize 20% biofuels from crop stubble in five years

Indian aviation to utilize 20% biofuels from crop stubble in five years

August 9, 2024 |

In India, DD News reported that India’s Union Minister Nitin Gadkari announced that the country’s aviation industry is set to incorporate 20% bio-aviation fuel within the next five years.  This initiative aims to leverage biofuels derived from agricultural stubble, benefiting farmers and promoting sustainable energy practices, according to the report. He also highlighted the Ministry […]

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