Don’t miss the latest developments in business and finance.

Bio Fuel

The government's Bio-E3 policy marks a crucial step in positioning India as a global bio-economy leader and is set to spark a "bio-revolution" in India similar to the IT revolution in the western world, Union minister Jitendra Singh said on Thursday. The BioE3 policy was formally launched last month and aims to facilitate sustainable and efficient utilisation of biological resources for innovation, scaling-up and bio-manufacturing of specialty chemicals, enzymes, bio-polymers, functional foods, smart proteins, veterinary products, precision bio-therapeutics and services. Speaking at the Global Bio-India Summit 2024, Singh said the policy marks a crucial step in positioning India as a global bio-economy leader. The Minister of State (Independent Charge) for Science and Technology also highlighted the importance of the Global Biotech platform, which brings together a diverse range of stakeholders, including start ups, SMEs, large industries, research institutes, and international ...

Updated On: 12 Sep 2024 | 5:45 PM IST

The government on Friday allowed sugar mills to use both cane juice and B-heavy molasses to produce ethanol but capped the diversion of sugar for the purpose at 17 lakh tonnes for the ongoing 2023-24 supply year. The latest decision comes a week after the government prohibited the use of sugarcane juice and sugar syrup for making ethanol, amid the industry seeking reversal of the decision. "The flexibility has been given to sugar mills for using both sugarcane juice and B-heavy within an overall cap of 17 lakh tonnes of diversion of sugar for making ethanol in the ongoing 2023-24 supply year (November-October)," Food Secretary Sanjeev Chopra told PTI. A committee of ministers took the decision during its meeting on Friday, he said. The decision has been taken amid representation received from the industry to review the December 7 order that banned use of cane juice and sugar syrup with immediate effect. It, however, had allowed supply of ethanol from existing offers received by Oi

Updated On: 15 Dec 2023 | 10:19 PM IST

Mr Gadkari's statement reflects a valid policy concern

Updated On: 14 Sep 2023 | 10:54 PM IST

Widely used in Europe, biodiesel refers to biodegradable fuel traditionally manufactured from vegetable oils, animal fats, or recycled restaurant grease

Updated On: 17 Aug 2023 | 11:06 PM IST

World Biofuel Day is celebrated every year on August 10. It aims is to bring issues to light about the use of alternative fuel sources instead of fossil fuels

Updated On: 10 Aug 2023 | 12:22 PM IST

Addressing the GH2 summit in Mumbai, the minister urged the industry to develop greener fuel alternatives to tackle the problem

Updated On: 25 May 2023 | 11:10 PM IST

Announced in 2018, SATAT scheme has been able to establish only 46 CBG plants until now

Updated On: 26 Apr 2023 | 7:49 PM IST

Two-pronged boost to returns for entrepreneurs

Updated On: 13 Jan 2023 | 11:57 PM IST

in Dehradun, scientists are working with partners including Boeing Co. to get global approvals for their biofuel, which is made from waste cooking oil and the seeds of plants

Updated On: 22 Nov 2022 | 7:37 AM IST

Target of setting up 5000 plants till 2023 heavily lagging behind

Updated On: 24 Oct 2022 | 10:44 PM IST

Both countries are also working on an alliance in biofuels and bio energy

Updated On: 21 Sep 2022 | 11:49 PM IST

He also argued that the sugar industry should try to create avenues through which ethanol could be sold directly to the automobile industry

Updated On: 21 Sep 2022 | 10:29 PM IST

All waste dumping sites in India will be converted into green zones in the next 2-3 years, said PM Modi while digitally inaugurating Asia's largest Bio-CNG plant in MP's Indore, on Saturday.

Updated On: 19 Feb 2022 | 6:27 PM IST

Touted as the largest such facility in Asia by local civic officials, the plant will produce 18,000 kilograms of bio-CNG

Updated On: 21 Jan 2022 | 8:11 PM IST

For each fuel, Adani is planning to reach out to different sets of buyers

Updated On: 20 Oct 2021 | 6:10 AM IST

The Netherlands-based Circular Biobased Delta has approved Praj's Bio-bitumen samples processed from purified lignin, as a part of their flagship CHAPLIN program

Updated On: 18 May 2021 | 1:12 PM IST

These newer energy sources aren't only diversifying the automotive fuel basket for India but can help in reducing emission to an extent

Updated On: 29 Sep 2020 | 5:45 PM IST

He said the proposed project will be the joint effort of the ministry of tourism and the ministry of petroleum and natural gas

Updated On: 27 Sep 2020 | 6:52 PM IST

He pointed out that the bio-jet fuel is prepared from "non-edible tree borne oil" and is procured from various tribal areas of India

Updated On: 23 Feb 2020 | 1:48 PM IST

Export of rare earth compounds classified as beach sand minerals, permitted anywhere in the export policy, will now be regulated

Updated On: 22 Aug 2018 | 4:21 PM IST