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We expect Union Budget 2022-23 to accelerate the progression of the biofuels industry that facilitates the fulfilment of India’s COP 26 summit Panchamrit commitments besides positively impacting energy security, farming community and economy as a whole. Specifically, interventions for the un-bottlenecking achievement of the E20 ethanol blending program, SATAT target for CBG and institutionalising Flex-Fuel policy in the transportation sector, would be of great help. We also urge that budget unveils a definitive roadmap for decarbonising the aviation sector by inducting sustainable aviation fuel into the energy mix.
