OMCs sign tripartite agreement for dedicated ethanol plants

Oil marketing companies including Bharat Petroleum Corporation Limited, Indian Oil Corporation Ltd and Hindustan Petroleum Corporation Limited have entered into a long upcoming dedicated ethanol plants across India, the government said in a press release. As per the agreement, ethanol produced by these dedicated ethanol plants shall be sold to OMCs for blending with petrol

GACL and GAIL sign term sheet for Gujarat ethanol plant

Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited have signed a term sheet to jointly build a 500,000 liter per day ethanol plant in Gujarat, plans for which were first announced in 2021. The facility will use corn and broken rice as feedstock, producing 135,000 metric tons of animal feed and 16,500 tons

Ethanol blending in petrol reached 9.99% in India

The level of ethanol blending in petrol in India has reached 9.99 per cent, Petroleum Minister Hardeep Singh Puri said. India had targetted 10 per cent ethanol blending in petrol by the end of 2022 and 20 per cent blending by 2030. The Centre has also targetted 5 per cent blending of biodiesel with diesel

India and Brazil agree to work on developing biofuels

Indian Minister of Petroleum & Natural Gas Hardeep Singh Puri along with Albuquerque reviewed the long list of bilateral and international activities and initiatives undertaken in the biofuels sectors in recent years, including the exchange of technical visits, the two editions of the Brazil-India Ethanol Talks, Symposium on Aviation Biofuels, launching of the Joint Working

India, Italy to explore biofuels, green hydrogen sectors

In a key development, India and Italy agreed to explore joint efforts in sectors of green hydrogen, energy storage, and biofuels sectors. The decision came to the table at a meeting between External Affairs Minister (EAM) Dr. S Jaishankar and his Italian counterpart Luigi Di Maio. “Noted our expanding cooperation in cyber security, S&T and

Enertech Fuel Solutions to invest in biogas business

Enertech Fuel Solutions, a small and medium enterprise based in Ahmedabad, plans to invest $7.79 million in its compressed biogas (CBG) business. “The investment will be made next year for a pan-India presence in the CBG market,” informs Badri Mahapatra, the firm’s promoter. He adds, “Foraying into the CBG sector is a natural outgrowth of

Algae biofuel industry is expected to reach $9 bn by 2027

The global algae biofuel market is estimated to show growth from $5.022 billion in 2020 to $9.033 billion in 2027 at a CAGR of 8.75%. The key factor driving the growth is the demand for algae biofuel as an essential energy source. Due to the rising prices of petrol and diesel, the demand for algae

Assago Industries submits application seeking land for bio-ethanol plant in AP

Assago Industries Pvt. Ltd. chairman Chander Prakash Gurnani and MD and CEO Ashish Gurnani met APIIC Chairman Mettu Govinda Reddy and submitted an application for allotment of 20.70 acres in Gummaladoddi industrial park in East Godavari district at $0.091 million against the present offer price of $0.18 million for setting up a bio-ethanol manufacturing plant

GS Caltex, partners with Posco International for eco-friendly fuels

South Korean refiner GS Caltex said it has teamed up with Posco International, the trading unit of steel giant Posco, to make a push into the biofuel market amid growing calls for emissions cuts. Under the deal, the two firms seek to build an extensive biofuel value chain combining GS Caltex’s manufacturing technology and Posco

First greenfield ethanol plant inaugurated in Bihar

Bihar chief minister Nitish Kumar inaugurated a greenfield grain-based ethanol plant built at a cost of $1.37 million at Purnea. The project is a part of Bihar’s ambitious foray into ethanol production using sugarcane, maize and rice to meet the country’s fuel needs. The ethanol plant has been built using the latest technology and will