Biodiesel Purchase Policy Proposed in India
September 28, 2007http://www.biofuels-news.com/news/india_bio_proposal.html
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A government-sponsored biodiesel policy has been formulated in an effort to promote the biodiesel industry in India. The Ministry of Petroleum and Natural Gas declared a “biodiesel purchase policy” to realize the program for “enterprise-driven biodiesel production”.
Under the policy, public sector oil marketing companies in 20 biodiesel procurement centers throughout the country will purchase biodiesel (complying with the Indian Bureau of Standard Specifications) from registered biodiesel manufacturers. Priority will be given to biodiesel manufacturers which use non-edible oils as feedstock. The government has also plans for drawing up policies related to the blending of biodiesel with regular diesel (5% by 2012 and 10% by 2017) and the establishment of a minimum support price for Jatropha and other non-edible oilseeds.
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