Global warming along with conservation measures initiated for forex provide impetus for biofuels in India. The government of India has set up a ambitious target of 20% blending of biofuel by 2017. It has met only 5% of the target by 2016 due to regulatory hurdles. Sugarcane sector which is mostly present in co-operative sector which finds difficulty in raising investment for ethanol production . Further fluctuation in sugar price also affects production. Bioethanol is also inflammable which brings risk and increases safety measures and costs. Another hurdle is excise duty on transportation and storage of ethanol have to be revised and incentivised when compared to crude oil. Most commuter vehicles are yet to be ready for bio-fuels, where efforts to be multiplied to bring them for effective take off for bio fuels.
The developed world has moved from first generation fuels of bio ethanols to third generation fuels like fuel cells. Now India should make progress to kick off projects in second generation fuels like syngas and methanol.
News
GEDA to set up biomass briquetting plant in Saligao
UP state government to set up second generation bio ethanol plant
IOT Infrastructure to produce clean bio-CNG in Namakkal
IOC to set up greenfield ethanol unit Dhuriapar
BPCL to set up bioethanol plant in Bargarh
Bio Diesel on no import list
List of All Companies operating in Biofuels Sector
Askins Bio Fuel Pvt Ltd
Assam Bio Refinery Pvt Ltd
Bharat Bio Gas Energy Ltd
BHK Biofuels Pvt Ltd
Bio Max Fuels Ltd
Biod Energy Pvt Ltd
Biotech Fuels Pvt Ltd
Chemcel Biotech Ltd
Crystal Balaji Industries Pvt Ltd
