Biofuel Overall Demand Outlook

  • 01/03/2018
  • Posted by: advisorymergen
  • Category: Oil and Gas, Renewable Energy
6,035 Comments

Government of India intends to reduce its dependence on imported crude oil to 10% by 2022 (India currently imports 82% of its crude requirement) by way of increasing domestic crude output, energy efficiency and by encouraging use of alternate fuels. In this context, biofuels are of strategic importance for the success of energy diversity and energy security…

High prices of gasoline coupled with GoI initiated price controls for OMCs to procure ethanol led to an enhanced penetration and a high blend rate of ethanol in the country…

The present penetration of biodiesel is at its nascent stage. GoI’s target to achieve biodiesel blend of 20% by 2017 through National Biodiesel Mission fell short due to agronomical and economic constraints…

To view full report Click Here

6,035 Comments