banner-01-logo.jpg
 
 
 
 

Central

National Biofuel Policy

Last IREEED Review: 20 September 2013
Program Overview
State: Central
Technology : Biofuel
Vision : The Policy aims at mainstreaming of biofuels and, therefore, envisions a central role for it in the energy and transportation sectors of the country in coming decades. The Policy will bring about accelerated development and promotion of the cultivation, production and use of biofuels to increasingly substitute petrol and diesel for transport and be used in stationary and other applications, while contributing to energy security, climate change mitigation, apart from creating new employment opportunities and leading to environmentally sustainable development.
 
Summary
The National Policy on Biofuels aims to facilitate and bring about optimal development and utilization of indigenous biomass feedstocks for production of biofuels. The Goal of the Policy is to ensure that a minimum level of biofuels become readily available in the market to meet the demand at any given time. An indicative target of 20% blending of biofuels, both for bio-diesel and bio-ethanol, by 2017 is proposed. In order to promote the biofuel production in the country, the different kind of interventions and enabling mechanisms that would focus on plantation of trees bearing non-edible oilseeds on degraded, waste lands through contract farming; blending and processing of bio-ethanol; distribution and marketing of biofuels. National Bank of Agriculture and Rural Development (NABARD) would provide re-financing towards loans to farmers for plantations. Indian Renewable Energy Development Agency (IREDA), Small Industries Development Bank of India (SIDBI) and other financing agencies as well as commercial banks would be actively involved in providing finance for various activities under the entire biofuel value chain, at different levels.
 
 
  Disclaimer :  
 
The information presented on the IREEED web site provides an overview of various state level & central level policies & financial incentives in Renewable & Energy Efficiency domain. more ..
It does not constitute professional advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements.
IREEED has taken due care and caution in compilation of data obtained from various sources including which it considers reliable and first hand. However, IREEED does not guarantee the accuracy, adequacy or completeness of any information and it not responsible for errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this website. less ..
 


Home     |          Glossary     |     Related Links     |    Downloads     |    Forum     |      Contact Us     |      FAQs
Visitor No.: (Since January 2014)
Today Visitor No.:

Copyright © 2013 IREEED. All rights reserved. Last Modified: March 31, 2015