Biofuels have emerged as a practical and sustainable substitute for fossil fuels among all renewable energy sources, providing a solution to cut greenhouse gas emissions and lessen the effects of climate change.
On October 10, 2023, our energy experts, Praveen Raju, Janhavi Joshi, and Nikunj Baheti delved into the world of biofuels and discuss amongst others, the fiscal incentives provided under the National Biofuel Policy, various central and state schemes for biofuel producers and licensors, and insights on the future of biofuels.
The key points of discussions included:
1. Overview of the policy framework on biofuels;
2. Analysis of the Ethanol Blending Programme;
3. Navigating the incentives and licensing requirements for biofuel producers, including licensing of NFP Units under FSSAI’s RUCO initiative.
4. Comparative overview of Indian policy framework on biofuels vis-à-vis other prominent jurisdictions like Brazil, USA and EU.
5. Key documentation for the sale and purchase of biofuel.
If you missed this session, you can catch the discussion on our YouTube channel!
