BIODIESEL PROCUREMENT
India weighs new oil manoeuvre as old routes get jammed
The West Asia war has forced India to look at energy security through a new, different lens. The oil issue, for India, has now gone from being a procurement issue to being a test of economic resilience. That has compelled the govt to rethink how it sources, transports and stores the fuel that powers its economy.
PSU oil firms float tender to buy 150 mn litres of biodiesel at Rs 88/litre
Indian oil marketing companies are inviting bids for 150 million litres of biodiesel over a three-month period. The procurement will begin in November 2026 and aims to reduce dependence on imported crude oil. Supplies will be sourced from used cooking oil and other feedstocks, enhancing the domestic biodiesel market. Vendors must meet strict quality and delivery requirements throughout the procurement phase.
Incubit Group plans Rs 5,000 crore India investment, eyes energy infrastructure expansion
Incubit Group plans to invest Rs 5,000 crore in India over four to five years. The emerging-markets energy operator will expand its existing investments and build a broader energy business. India is central to Incubit's long-term strategy, focusing on energy infrastructure opportunities. The group sees capacity constraints in liquid storage and LPG imports, which will rise.
Ethanol-blended petrol E20: Counting gains
India is aggressively pursuing its E20 initiative, blending petrol with 20% ethanol, to reduce emissions and enhance energy security. While the government assures benefits like foreign exchange savings and increased farmer income, concerns persist regarding fuel efficiency and potential vehicle wear. The initiative draws parallels with Brazil's successful ethanol blending program, aiming for a greener and more economically robust future.
Gadkari to ethanol producers: 'No need to worry about methanol, biodiesel, or hydrogen; there is ample room to coexist'
The sugar sector has the potential to contribute nearly 3% to India’s GDP, says Road Transport and Highways Minister Nitin Gadkari.
Climate disruptions, biofuel policy again turn the heat on edible oil
Going by some recent developments around the world, edible oil trade agreements should have a provision for climate-related disruptions also.
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India can reduce fossil fuel dependence, cut import bills by $29 bn through biogas adoption: Report
According to the report's author Purva Jain, an energy analyst at IEEFA, "Biogas has the potential to replace natural gas and other high-emission fossil fuels. By eliminating carbon dioxide (CO2) and impurities like hydrogen sulfide, its methane content can be upgraded to 90 per cent, making it calorifically equivalent to natural gas.
Ahead of Assembly polls, Chhattisgarh CM announces hike in support price of millets 'kodo' and 'kutki'
In a cabinet meeting chaired later by Baghel, it was decided to constitute a 'Mahua Board' to promote its collection, value addition, processing and utilization. "Mahua trees are found in abundance in Chhattisgarh. Its flowers are not only edible but also have medicinal properties, while the seeds are a good source of healthy fats," the official said.
India aims to harness the market to cut deadly air pollution
Smoke from the burning of crop stubble lingers over most of north India for weeks during the cold months of November and December, with air quality deteriorating to hazardous levels in several areas, including the capital New Delhi.
Diesel to cost Rs 2 more from October 1, North East to see petrol price go up
"Blending of fuel is a priority of this Government. To encourage the efforts for blending of fuel, unblended fuel shall attract an additional differential excise duty of Rs 2 per litre from the 1st day of October 2022," Sitharaman said in her Budget speech in the Lok Sabha.
Kerala vet doc gets patent for biodiesel from chicken waste
After seven-and-a-half years, the Indian Patent Office finally granted us the patent on July 7, 2021, for inventing 'biodiesel produced from rendered chicken oil', Abraham, an associate professor at the veterinary college here under the Kerala Veterinary & Animal Sciences University, told PTI from Wayanad.
Pulses, edible oil prices rise due to prolonged monsoon
Despite demand destruction, the year-on-year increase in price is 24% for groundnut oil, 37% for mustard oil, 26% for sunflower oil, 35% for refined palm oil and 17% for refined cottonseed oil. There will not be any relief from high edible oil prices at least until mid-October.
Railways furthering its attempts on going green: Piyush Goyal
Solar panels have been fitted on rooftop of Diesel Electric Multiple Unit (DEMU) trains of capacity 4.5 KWp for catering to hotel load. Blending of high-speed diesel with Biodiesel by 5% has also been started for railway locomotives.
Government launches programme for converting used cooking oil into biodiesel in 100 cities
State-run oil marketing companies launched a programme to procure biodiesel made from used cooking oil.
Bengaluru pollution: Experts' view on clearing the air
Bengalureans breathe the air that has 3-12 times more pollutants than what is considered safe. Team ET consults experts to clear the air on where we should begin.
Fuel retailers invite tenders for 20 million litres of biodiesel
Vendors will have to submit their bids online by July 25, according to the tender document. The contract for the supply of biodiesel shall be awarded on location-wise lowest net delivered cost basis.
Fuel marketers to meet 5% ethanol blending target in 2016: Dharmendra Pradhan
State-run fuel retailers will meet the target of blending 5% ethanol in petrol for the first time this year, about a decade after the government set the target, oil minister Dharmendra Pradhan has said.
Fuel marketers to meet 5% ethanol blending target this year: Oil Minister Dharmendra Pradhan
Over 12 years after its launch, the government hopes to achieve the target of mandatory mixing 5 per cent ethanol in petrol this year.
State oil firms like BPCL, HPCL seeking to buy 266 crore litres of ethanol
State-run fossil fuel retailers have initiated a move to buy 266 crore litres of ethanol to blend with petrol and meet the 5 per cent blending norm.
Government launches sale of diesel doped with non-edible oil
Oil Minister Dharmendra Pradhan launched sale of diesel blended with 5 per cent non-edible oil extracted from palm stearin, at four cities.
Oil PSUs start process to procure biodiesel
Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have invited tenders for procurement of 850 million litres of biodiesel
IOCL, BPCL, HPCL begin process of maiden purchase of biodiesel for blending with diesel
According to the tender document, IOCL will procure about 40 per cent of the total quantity while the balance will be shared between the other two firms.
Invest in development of inland waterways: Nitin Gadkari to industry
The minister said, "India is yet to tap the potential of waterways despite the fact that this mode of transport is much more cost effective."
Government plans to amend national biofuel policy
The government is considering a proposal to facilitate manufacturers of biodiesel to directly sell the fuel to bulk consumers such as railways.
Only 1.37 per cent bioethanol in petrol against mandatory 5 per cent: Piyush Goyal
The Minister added that the Department of Science and Technology is supporting research and development in the use of biofuels in engines.
Modern-day alternatives to petrol, diesel
Contemporary life is closely associated with the need to reduce risk and enhance dependability; hence, the surge in interest in alternative fuels for vehicles.
Modern day fuel alternatives for nations keen on becoming energy independent
Contemporary life is closely associated with the need to reduce risk and enhance dependability; hence, the surge in interest in alternative fuels for vehicles.
Sanwaria Agro plans to raise Rs 200 cr viz QIP: Anil Agarwal
In an interview with ET Now, Anil Agarwal, Wholetime Director, Sanwaria Agro Oil talks about his plan to increase soya bean products prices and raise funds via QIP. Excerpts:
Nirmal Bang puts 'buy' on SBTL
The brokerage has assigned a ‘buy’ rating on the stock with a target price of Rs.44 per share on FY 09-10 earnings estimates of Rs 4.35 (PE 10* Rs 4.35EPS) and Rs.78 on FY 2010-11E (PE 10*Rs 7.8 EPS) on expanded capital.
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