Uttar Pradesh cabinet approves biofuels policy

In India, the Uttar Pradesh state cabinet approved the state’s new biofuel policy last week, paving the way for an investment package worth $1.23 billion that will focus on agricultural residue such as bagasse and crop waste as feedstock. The details of the planned investments will be announced at the UP Investors Summit being held this week. Those interested in investing in biofuels projects will benefit from the same conditions established by the state’s industrial policy.