EAI - Helping Corporate Leaders Accelerate India's Decarbonization Journey
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In a strategic collaboration with Sony Group Corporation and Sony Intellectual Property Services Corporation, Sumitomo Corporation is pioneering a transformative initiative to convert rice husks into valuable biofuels, biochemicals, and renewable energy sources. This ambitious project addresses environmental challenges and underscores Sumitomo's commitment to sustainable...
India bio-economy updates from BioBiz Bharat Petroleum Corporation Limited (BPCL) will invest Rs 1,400 crore to establish sustainable aviation fuel (SAF) facilities. The facilities will be set up at BPCL’s Mumbai, Kochi, and Bina refineries. BPCL aims to achieve 5% SAF blending by 2030, supporting the Indian government's...
India bio-economy updates from BioBiz EverEnviro Resource Management Pvt Ltd and Thermax Bioenergy Solutions Pvt Ltd signed a Memorandum of Understanding (MoU) with European Sustainable Solutions ApS (EUSUSO-Denmark). The partnership will incorporate EUSUSO’s Gemidan Ecogi technology into upcoming municipal solid waste (MSW) based Compressed Bio Gas (CBG) plants...
India bio-economy updates from BioBiz Biofuels Junction is expanding in Andhra Pradesh, leveraging the region's rich paddy production. They collaborate with local manufacturers and suppliers to collect agricultural residues like paddy straw, sugarcane trash, and cotton plant residue. Founded in 2018, Biofuels Junction shifted its focus from manufacturing...
India bio-economy updates from BioBiz 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...
India bio-economy updates from BioBiz 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,...
India bio-economy updates from BioBiz 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...
India bio-economy updates from BioBiz 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...
India bio-economy updates from BioBiz 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...
India bio-economy updates from BioBiz 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....
