The Union cabinet chaired by Prime Minister Narendra Modi today approved the National Policy on Biofuels which allows blending of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.
Till now only ethanol produced from sugarcane was allowed to be mixed in petrol.
A meeting of the Union Cabinet approved the new policy which categorises biofuels as First Generation (1G), which produce bio-ethanol from molasses and bio-diesel from non-edible oilseeds. Read More
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