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
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UP state government to set up second generation bio ethanol plant
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IOT Infrastructure to produce clean bio-CNG in Namakkal
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IOC to set up greenfield ethanol unit Dhuriapar
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BPCL to set up bioethanol plant in Bargarh
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Bio Diesel on no import list
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List of All Companies operating in Biofuels Sector
Askins Bio Fuel Pvt Ltd
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Assam Bio Refinery Pvt Ltd
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BHK Biofuels Pvt Ltd
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Bio Max Fuels Ltd
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Biod Energy Pvt Ltd
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Biotech Fuels Pvt Ltd
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Chemcel Biotech Ltd
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Eastern India Biofuels Pvt Ltd
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Elite Natural Oils And Fuels Pvt Ltd
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Emami Biotech Ltd
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