Amendments to the National Policy on
Biofuels -2018 Approved
The Union Cabinet, chaired by Prime Minister Shri
Narendra Modi, has approved the Amendments to the National Policy on Biofuels -2018.
The “National Policy on Biofuels - 2018” was notified
by Ministry of Petroleum and Natural Gas on 04.06.2018 in supersession of National
Policy on Biofuels, promulgated through the Ministry of New & Renewable Energy,
in 2009.
Due to advancements in the field of Biofuels, various
decisions taken in the National Biofuel Coordination Committee (NBCC) meetings to
increase biofuel production, recommendation of the Standing Committee and the decision
to advance to introduce Ethanol Blended Petrol with up to twenty per cent ethanol
throughout the country from 01.04.2023, amendments are done to the National Policy
on Biofuels.
The following are the main amendments approved to
the National Policy on Biofuels:
i.
to allow more feedstocks for production of biofuels,
ii.
to advance the ethanol blending
target of 20% blending of ethanol in petrol to ESY 2025-26 from 2030,
iii.
to promote the production of
biofuels in the country, under the Make in India program, by units located in Special
Economic Zones (SEZ)/ Export Oriented Units (EoUs),
iv.
to add new members to the NBCC.
v.
to grant permission for export
of biofuels in specific cases, and
vi.
to delete/amend certain phrases in the Policy in line with decisions
taken during the meetings of National Biofuel Coordination Committee.
This proposal will also attract and foster developments
of indigenous technologies which will pave the way for Make in India drive and thereby
generate more employment.
The existing National Policy on Biofuels came up
during year 2018. This amendment proposal will pave the way for Make in India drive
thereby leading to reduction in import of petroleum products by generation of more
and more biofuels. Since many more feedstocks are being
allowed for production of biofuels, this will promote the Atmanirbhar
Bharat and give an impetus to Prime Minister’s vision of India becoming 'energy
independent' by 2047.