India's Quest for Bio-Ethanol

Biofuel concept on wooden background. 3d illustration royalty free stock photo

The Government of India has set up an ambitious plan of blending 10 percent ethanol in petrol by 2022, and 20 percent by 2030.

by doing this India can cut its dependency on import of crude oil.

Now, we have to know that Bio-Ethanol processing plants are categorised as 1G and 2G.

1G BioEthanol plants use sugarcane and its byproducts such as molasses.

2G plants use biomass and other agricultural waste.

Current production of Bio-Ethanol in India is quite low. Sugar Mill owners do not invest in Bio-Ethanol generation plants, due to uncertainity in government policies and weak future prospects.

Biofuel word cloud. Concept on grey background stock image

State run IOC, BPCL, HPCL, are currently in the process of setting up 2G Government should make policies for the farmers, Sugar Mill Owners and the oil producing companies so that they are incentivised to make Bio-Ethanols.Bio-Ethanol plants.

India can have cleaner air, cost cutting in Oil Imports as well as inching closer towards the doubling of Farmers Income.

Comments

AIR INDIA PLANE CRASH

Air India plane crash LIVE: CISF team quarantined as 2 flyers test corona+ Air India Express flight from Dubai overshot the runway at Kozhikode airport and went down 35 feet into a slope before breaking up into two pieces. Photo: Twitter The pilot-in-command Deepak Sathe also died during the Air India plane accident. Stay tuned for latest news live updates Air India Express flight from Dubai with 191 people on board overshot the runway at Kozhikode airport in rainy conditions on Friday and went down 35 feet into a slope before breaking up into two pieces. The Kerala police has reported 11 deaths in the accident. The pilot-in-command, Deepak Sathe, a former Wing Commander of the Indian Air Force (IAF), also died during the accident. Sathe had served at the IAF's flight testing establishment. Black box of crashed AIE flight recovered, toll rises to 18; Probe underway The black box of the ill-fated Air India Express flight that could throw light on how it overshot the runway here and

INDIA'S POSITION IN MANUCFACTURING GOODS WORLDWIDE

INDIA'S POSITION IN MANUCFACTURING GOODS WORLDWIDE Many think that in the aftermath of the pandemic, several manufacturing companies operating from China will relocate their businesses to other destinations, including India. Many American, Japanese, and South Korean companies based in China have initiated discussions with the Indian government to relocate their plants to India. Companies are expected to exit China due to three primary reasons. The fi rst is the realisation that relying heavily on China for building capaci ties and sourcing manufacturing goods is not an ideal business strategy due to supply chain disruptions in the country caused by COVID19. The second is the fear of Chinese dominance over the supply of essential in dustrial goods. The third is the growing risk and uncertainty involved in operating from or dealing with China in the light of geopolit ical and trade confl icts between China and other countries, particularly the U.S. Prime Minister Nar

What is making Rupee Gain value, in recent days??

What is making Rupee Gain value, in recent days?? Greetings Indian Rupee rose to a new high of 73.40, owing to powerful FPIs Foreign Portfolio Investors. FDI and FPI, there are two types of Investment route in India. FPIs are using foreign rate differential to bring dollars. Incoming Dollar in India's stock market and steady growth in other Asian currencies, helped rupee to be stronger. According to experts, in upcoming months FPIs can see a surge. RBI's Role When RBI buys dollars, it releases equivalent amount in Rupees, which could put pressure on inflation and yields. It would be interesting to see RBI's next move in upcoming months. Change in Federal Reserve's Policy:- US has also distributed stimulus to its citizens, which brought hopes in investors, leading stock market to a new high. New Policies will help keep interest rates lower, stimulate growth to tackle unemployment. This will help emerging markets like India to attract more capital flow. Thanks for Re

The Fact Bee

Search This Blog