In the last few months, India and Brazil have signed agreements in the field of clean and bio-energy during the visit of President Bolsanaro.
In an interview with Business Standard, Luis Henrique Gulmaraes, President and CEO of Raizen, one of the biggest ethanol producer in Brazil said that the company is looking at partnerships with Indian firms for second-generation ethanol, produced from bagasse and sugarcane leaves. He said, Brazil could also export ethanol to India in the interim to quicken its 10 per cent ethanol-blend programme. Raízen, is a 50-50 joint venture between Brazil’s Cosan and Royal Dutch Shell. Edited