[ad_1]
This “India’s Emerging Biofuel Market and Outlook to 2025” Report has been added to ResearchAndMarkets.com supply.
In order to encourage the production of biodiesel in the country, the Indian government has authorized OMC to purchase biodiesel (B 100) that meets the fuel quality standards specified by the BIS, so that it can be mixed with HSD by 5% at designated procurement centers across the country.
During 2016-19, OMC’s procurement of biodiesel for blending increased by more than 500%, from 11.19 million liters in 2016 to 8.21 million liters in 2019. In addition, it is also worth noting that the country’s current high-speed diesel (HSD) consumption is 84 MMT or 102 MKL, which is expected to increase to 132.3 MKL by 2022. At a blending level of 5%, 6.6 billion liters of biodiesel will be required. About 2.25 billion liters of edible waste…
The full story can be found on Benzinga.com
[ad_2]
Source link
