Cabinet approves amendments to National Policy on Biofuels to make India energy independent by 2047
Cabinet approves amendments to
National Policy on Biofuels to make India energy independent by 2047
Union Cabinet has
approved the Amendments to the National Policy on Biofuels -2018. The
amendments are intended to allow more feed stocks for the production of
biofuels, advance the ethanol blending target of 20 percent blending of ethanol
in petrol and promote the production of biofuels in the country. Besides, the
amendments are also to add new members to the National Biofuel Coordination
Committee (NBCC) and grant permission for the export of biofuels in specific
cases.
The amendments have been brought in view of advancements in the field of
biofuels, various decisions taken in the NBCC meetings to increase biofuel
production, recommendation of the Standing Committee, and the decision to
advance to introduce Ethanol Blended Petrol with up to twenty percent ethanol
throughout the country from 1st of April next year. The amendments will pave
the way for 'Make in India' drive thereby leading to a reduction in import of
petroleum products by a generation of more and more biofuels. Since many more
feedstocks are being allowed for production of biofuels, this will promote the
country becoming energy independent by 2047.
Ministry of Petroleum & Natural Gas
Cabinet approves Amendments to the National Policy
on Biofuels -2018
The Union
Cabinet, has approved the Amendments to the National Policy on Biofuels -2018.
The “National Policy on Biofuels - 2018” was
notified by Ministry of Petroleum and Natural Gas on 04.06.2018 in supersession
of National Policy on Biofuels, promulgated through the Ministry of New &
Renewable Energy, in 2009.
Due to advancements in the field of Biofuels,
various decisions taken in the National Biofuel Coordination Committee (NBCC)
meetings to increase biofuel production, recommendation of the Standing
Committee and the decision to advance to introduce Ethanol Blended Petrol with
up to twenty per cent ethanol throughout the country from 01.04.2023,
amendments are done to the National Policy on Biofuels.
The following are the main
amendments approved to the National Policy on Biofuels:
- to allow more feedstocks for production of
biofuels,
- to advance the ethanol blending target of 20%
blending of ethanol in petrol to ESY 2025-26 from 2030,
- to promote the production of biofuels in the
country, under the Make in India program, by units located in Special
Economic Zones (SEZ)/ Export Oriented Units (EoUs),
- to add new members to the NBCC.
- to grant permission for export of biofuels in
specific cases, and
- to delete/amend certain phrases in the Policy
in line with decisions taken during the meetings of National Biofuel
Coordination Committee.
This
proposal will also attract and foster developments of indigenous technologies
which will pave the way for Make in India drive and thereby generate more
employment.
The
existing National Policy on Biofuels came up during year 2018. This amendment
proposal will pave the way for Make in India drive thereby leading to reduction
in import of petroleum products by generation of more and more biofuels. Since
many more feedstocks are being allowed for production of biofuels, this will
promote the country 'energy independent' by 2047.
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