PM to attend event to mark World Biofuel Day

Prime Minister, Narendra Modi, will attend an event tomorrow to mark World Biofuel Day, at Vigyan Bhawan in New Delhi. He will address a diverse gathering, consisting of farmers, scientists, entrepreneurs, students, government officials, and legislators.

Biofuels can help reduce import dependency on crude oil. They can contribute to a cleaner environment, generate additional income for farmers, and generate employment in rural areas. Therefore, biofuels have synergies with various Government initiatives, including enhancing farmers’ incomes, and Swachh Bharat.

As a result of the efforts of the Union Government, ethanol blending in petrol has increased from 38 crore litres in the ethanol supply year 2013-14, to an estimated 141 crore litres in the ethanol supply year 2017-18. The Government also approved the National Policy on Biofuels in June 2018.

World Biofuel Day is observed every year on 10th August to create awareness about the importance of non-fossil fuels as an alternative to conventional fossil fuels and to highlight the various efforts made by the Government in the biofuel sector.  The World Biofuel Day is being observed by the Ministry of Petroleum & Natural Gas for the last three years.

Since 2014, the Government of India has taken a number of initiatives to increase blending of biofuels. The major interventions include administrative price mechanism for ethanol, simplifying the procurement procedures of OMCs, amending the provisions of Industries (Development & Regulation) Act, 1951 and enabling lignocellulosic route for ethanol procurement.

These interventions of the Government of India have shown positive results. Ethanol blending in petrol has increased from 38 crore litres in the ethanol supply year 2013-14 to an estimated 141 crore litres in the ethanol supply year 2017-18.

Bio-diesel blending in the country started from 10th August, 2015 and in the year 2018-19, Oil Marketing Companies have allocated 7.6 crore litres of biodiesel.  Oil PSUs are also planning to set up 12 Second Generation (2G) Bio-refineries to augment ethanol supply and address environmental issues arising out of burning of agricultural biomass.

 

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