Tag: India

India’s oil marketing companies give up on jatropha biodiesel definitively

India’s oil marketing companies give up on jatropha biodiesel definitively

August 25, 2016 |

In India, the joint ventures owned partly by three oil marketing companies that sought to produce biodiesel from jatropha have been shut down due to unviability. Many believed that jatropha could be successfully grown in dry wastelands without irrigation. The three companies had planned to grow jatropha on 180,000 hectares across Chhattisgarh, Madhya Pradesh and […]

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Indian sugar industry wants excise duty exemption on ethanol reinstated through December

Indian sugar industry wants excise duty exemption on ethanol reinstated through December

August 23, 2016 |

In India, the sugar cooperative industry met with the finance minister earlier this week to demand that the exemption of 12.36% excise duty on ethanol resume immediately due to the fact that only 750 million liters of ethanol out of a total 1.3 billion liters have been delivered to oil marketing companies for the 2015/16 […]

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Indian prime minister sees 10% ethanol blend as part of country’s transformation

Indian prime minister sees 10% ethanol blend as part of country’s transformation

August 23, 2016 |

In India, the prime minister continues to push for increased ethanol blending towards 10% despite the sugar industry’s lack of production capacity to achieve the goal. About 4% blending is expected for 2015/16 through September. The challenge is the $10 billion in investments expected for the oil and gas industry, but the prime minister recognizes […]

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Indian sugar mills shocked by sudden expiration of ethanol excise tax exemption

Indian sugar mills shocked by sudden expiration of ethanol excise tax exemption

August 15, 2016 |

In India, sugar mills are in a panic following a government move to reverse the 12.5% excise duty exemption on ethanol that had meant a nearly 10% boost to the fixed price paid to mills. The exception was set to expire in November but the extra boost was figured into the expected returns for the […]

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India’s biodiesel industry wants VAT exemption to promote blending

India’s biodiesel industry wants VAT exemption to promote blending

August 11, 2016 |

In India, the country’s biodiesel association is requesting the fuel be exempt of Value Added Tax to boost the industry’s viability. It argues that the tax, that can be up to 24% in some states, applied to the 5% portion blended into fossil diesel will kill demand for the blended fuel entirely. The association’s president […]

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India’s biofuel industry to get a big push with $2.25 billion in investment by 2020

India’s biofuel industry to get a big push with $2.25 billion in investment by 2020

August 10, 2016 |

In India, the biofuels industry is set to invest $2.25 billion in new projects over the next few years to build up the industry’s value towards $7.5 billion by 2022 thanks to the new policies coming into place that will boost production of cellulosic ethanol and biodiesel. A subsidiary of Bharat Petroleum Corporation announced it […]

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India to shift ethanol policy towards price that floats with the market

India to shift ethanol policy towards price that floats with the market

August 10, 2016 |

In India, the government has decided to move towards an ethanol policy where prices are pegged to the market rather than have a fixed price in an attempt to bring the policy in line with international trends. By 2020, ethanol demand should reach 4.5 billion liters per year while biodiesel will hit 6.75 billion liters. […]

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UCO could make a major dent in reducing future oil imports in India

UCO could make a major dent in reducing future oil imports in India

August 8, 2016 |

In India, state-owned oil companies are set to make announcements later this week about intended biofuels investments in line with the new policies the government is setting out. Ahead of that, the head of the panel tasked with identifying biofuel opportunities pointed towards the 2 million metric tons of biodiesel that could be produced annually […]

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Biodiesel consumption picking up in India following deregulation

Biodiesel consumption picking up in India following deregulation

August 1, 2016 |

In India, following the liberalization of biodiesel sales last year, supply has soared. A B5 policy was in place since 2005 but prices offered by oil marketing companies weren’t attractive enough for producers, but now since the policy shift in August 2015, sales jumped to 13.2 million liters. Another 40 million liters have been contracted […]

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India to release cellulosic ethanol policy strategy within two weeks

India to release cellulosic ethanol policy strategy within two weeks

August 1, 2016 |

In India, the new policy to support expansion into ethanol production from crop waste is expected in the next two weeks in the form of a cabinet note. The transportation minister has been giving hints that the government’s plan is for the ethanol blend to reach 22.5% as a result of the new policy from […]

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