IOC signs LOIs with six UCO biodiesel producers at72 cents per liter

November 27, 2019 |

In India, the government is pushing for increased biodiesel production from used cooking oil and the industry has responded in kind with an “encouraging response” to Indian Oil Company’s calls for expressions of interest. The IOC announced via twitter that six companies have been offered Letters of Interest for the supply of 10,200 metric tons of UCO biodiesel at 72 cents per liter for the first year and will increase annually over the next two years.

Category: Fuels

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