The ethanol blending program has resulted in substantial savings of Rs 24,300 crore in foreign exchange for India in the fiscal year 2022-23. This is a notable achievement in the country's efforts to reduce its import bill for fossil fuels. The program aims to blend...
The US has offered technical assistance, expertise, and investments to help India scale up its ethanol production and blending infrastructure. This includes sharing best practices, advanced technologies, and efficient production methods. India aims to achieve a 20% ethanol blend in gasoline by 2025, known as...
Indian Oil Corporation (IOC), India’s leading oil refiner, will establish 300 ethanol fuel stations across the country. This decision aligns with the government's push towards adopting cleaner energy sources and reducing the nation's carbon footprint. The initiative comes after Nitin Gadkari's proposal for ethanol pumps...
Bpacks, a pioneering startup from Serbia, has introduced the world's first bark-based biodegradable bioplastics, targeting the replacement of petroleum-based rigid plastics used in packaging fresh produce, meat, cosmetics, and other products. This innovation leverages an underutilized natural resource, transforming waste bark from timber production into...
India has proposed the formation of a biofuel alliance among the 14 member countries of the Indo-Pacific Economic Framework (IPEF). This initiative is aimed at enhancing cooperation and collaboration in the biofuel sector. The proposed alliance seeks to promote the production and utilization of biofuels...
The Indian Biogas Association (IBA) is advocating for a fixed procurement rate of INR 90 per kg for compressed biogas (CBG). This rate is suggested to ensure the viability and sustainability of biogas projects across the country. A fixed-rate would help stabilize the market, encouraging...
Gruner Renewable Energy secured multiple contracts for compressed biogas (CBG) projects totaling INR 1,500 crore ($180 million). The projects will collectively produce 88,000 tons of CBG per year. Plants will be located across various cities including Ayodhya, Satna, Balasore, Navsari, Yavatmal, Vijayawada, and Rajahmundry. The...
India plans to establish 100 compressed biogas (CBG) plants in Uttar Pradesh, as announced by oil minister Hardeep Singh Puri. A CBG plant producing 14 tons per day was launched in Budaun, Uttar Pradesh, with an investment of Rupees 1.33 billion from HPCL. 37 additional...
Suzuki plans to build four biogas refineries in India, operational by 2025. The plants will convert cattle manure into biomethane, each producing 1.2 tonnes daily, enough to power 680 cars. This initiative targets regions with inadequate electric vehicle charging infrastructure, offering gas-powered cars as a...
Gaia Biomaterials, a leading innovator in sustainable materials, has achieved a significant milestone by receiving the US compostability certificate for its limestone-based bioplastic. This breakthrough represents a pivotal step towards more eco-friendly solutions in the bioplastics industry, aiming to reduce plastic waste and environmental impact....