Biofuel

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Biofuels Firm GPS Renewables Raises $50 Million in Debt Financing

Bengaluru-based biofuels firm GPS Renewables has secured $50 million in debt financing from a consortium of banks and non-banking financial companies to accelerate the...

April 17, 2024

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Staff

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Biofuel
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MNRE Invites Proposals for Innovative Design-Based Small Biogas Projects

The Ministry of New and Renewable Energy (MNRE) has invited proposals for innovative and new design or material-based small biogas projects with a daily generation...

March 19, 2024

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Staff

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Biofuel

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Tenders and Auctions
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GAIL and TruAlt Announce $72 Million Compressed Biogas Joint Venture

Natural gas company GAIL (India) and ethanol producer TruAlt Bioenergy have announced an investment of $72 million to set up Compressed BioGas (CBG) plants through a...

January 4, 2024

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Staff

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Biofuel

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Other

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Renewable Energy
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Rajasthan to Allow Annual Revision in Biomass Tariffs

The Rajasthan Electricity Regulatory Commission (RERC) has allowed the annual change in tariff for biomass projects in the state based on the increase or decrease in...

December 22, 2023

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Gautamee Hazarika

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Biofuel

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Markets & Policy

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Renewable Energy
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Ethanol Blended Petrol Saves India ₹243 Billion in Foreign Exchange

The Ethanol Blended Petrol (EBP) program by the Ministry of Petroleum and Natural Gas has saved public sector Oil Marketing Companies ~5.09 billion liters of petrol...

December 12, 2023

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Staff

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Biofuel

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Other
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Government Mandates Blending of Compressed Biogas in CNG and PNG

In a move to enhance the adoption of Compressed Biogas (CBG) and foster sustainable energy practices, the National Biofuels Coordination Committee, chaired by Union...

November 27, 2023

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Gautamee Hazarika

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Biofuel

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Market & Policy
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HPCL to Commission ₹14 Billion Ethanol Plant in Punjab by the End of 2023

Hindustan Petroleum Corporation (HPCL) is investing over ₹14 billion (~$168.12 million) to build a Second Generation (2G) bio-refinery plant in Bathinda, Punjab, using...

November 3, 2023

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Staff

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Biofuel

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Markets & Policy
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Nagaland DISCOM to Procure Power from Bamboo Biomass Project at ₹5.06/kWh

Hutah Industries, a biomass-based power producer, has signed a power purchase agreement (PPA) with the Department of Power, Nagaland, for a 10 MW bamboo biomass project...

August 28, 2023

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Rakesh Ranjan

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Biofuel

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Other
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GOBARdhan Initiative Soars with Over 1,200 Biogas Plants Registered Nationally

Since its launch on June 1, 2023, the unified registration portal for GOBARdhan has witnessed an influx of registrations from functional, under-construction, and...

July 31, 2023

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Gautamee Hazarika

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Biofuel

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Markets & Policy

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Renewable Energy
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Ministry to Set Benchmark Price for Biomass Pellets Used in Thermal Power Plants

The Ministry of Power has revised the Biomass Co-Firing Policy to benchmark the prices for biomass pellets utilized in co-firing at thermal power plants. The decision...

June 28, 2023

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Rakesh Ranjan

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Biofuel

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Other
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Waste-to-Wealth Initiative GOBARdhan Goes Digital with Launch of Portal

The Union government has launched the unified registration portal for GOBARdhan, with the aim of streamlining the process of setting up compressed biogas CBG/Biogas...

June 2, 2023

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Gautamee Hazarika

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Biofuel

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Other

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Renewable Energy
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New $1.1 Billion Facility in Europe to Produce Sustainable Aviation Fuels

Cepsa and Bio-Oils, a Spain-based biofuels subsidiary of Apical, have partnered to boost the production of second-generation biofuels by procuring most of its feedstock...

April 18, 2023

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Gautamee Hazarika

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Biofuel

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Finance and M&A

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Other
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Budget 2023 Allows Energy Supply Chain Diversification: PM Modi

Prime Minister Narendra Modi called upon energy industry stakeholders to invest in green initiatives and added that the country’s 2023 budget provided opportunities to...

February 23, 2023

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Gourav Mishra

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Biofuel

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Energy Storage
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Government Implementing 330 MW Waste-to-Energy Projects

The Ministry of New and Renewable Energy (MNRE) is implementing 90 projects under its Waste to Energy (WTE) program, Union Minister of Power R.K Singh informed the Lok...

February 6, 2023

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Sumit Jha

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Biofuel

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Other
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IIT Researchers Discover Enzyme that Breaks Down Biomass into Bioethanol Fuel

Researchers from the Indian Institute of Technology, IIT Guwahati, in collaboration with the University of Lisbon, Portugal, have found a bacterial endoglucanase enzyme...

December 29, 2022

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Gautamee Hazarika

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Biofuel

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Technology

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