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Biofuel industry

PM dedicates 2G Ethanol plant in Panipat

The plant will utilise about 2 lakh tonnes of rice straw (parali) annually to generate around 3 crore litres of Ethanol annually. On the occasion of World Biofuel Day, Prime…

Praj Industries announces PAT at Rs 41.26 Cr in Q1 FY23

Income from operations stood at Rs 729.87 crore (Q1 FY22: Rs. 386.26 crore; Q4 FY22: Rs. 829.01 crore) Pune based Praj Industries (Praj), a globally leading process engineering company with…

NTPC REL signs MoU with NFL to collaborate in renewable energy and green chemicals

This is a first-of-its-kind novel initiative by two leading CPSEs, to support the country’s commitment to achieving renewable energy targets and reduce greenhouse emissions NTPC RE Limited (NTPC REL) a…

BiofuelCircle raises $ 0.75 Mn in seed funding round led by Spectrum Impact & Better Capital

The company aims to widen its digital toolkit and launch its operations in North India by the end of FY22. Pune based BiofuelCircle, India’s first and one-of-its-kind online marketplace designed…

Praj Industries post consolidated PAT Rs. 57.65 Cr in Q4 FY22

Company reported FY 22 revenue at Rs.2, 333 crore; PAT at Rs 150.25 Crore Pune based Praj Industries (Praj), a globally leading process engineering company with a bouquet of sustainable…

Export of sugar in sugar season 2021-22 is 15 times that of 2017-18

Ethanol production capacities increased from 421 cr litrs to 867 cr litrs in last eight years Export of sugar in current sugar season 2021-22 is 15 times of export as…

DBS Bank extends transition loan facility to SRSL for scaling bioethanol production

This is believed to be the first transition loan to be provided by a foreign bank to India’s biofuel manufacturing industry To support India’s push to double the country’s ethanol…

Leading oil PSUs sign tripartite-cum-escrow agreement for upcoming dedicated ethanol plants

The agreement is designed to ensure that payment received by ethanol plants is utilised for servicing the finance extended by these banks The Oil Marketing Companies (OMCs) – Bharat Petroleum…

GACL, GAIL in pact for 500 KLD bioethanol plant in Gujarat

The estimated project cost is to the tune of Rs 1,000 crore and it is expected to generate annual revenue of approximately Rs 1,500 crore Gujarat Alkalies and Chemicals Limited…

Godavari Biorefineries opens research lab at Sakarwadi, Maharashtra

Holds Bhoomi Poojan for Sakarwadi manufacturing facility Manufacturer of ethanol-based chemicals Godavari Biorefineries Ltd (GBL) held a Bhoomi Poojan ceremony for its Sakarwadi manufacturing facility at Sakarwadi in Maharashtra. GBL…

PAU inks pact with UP and Punjab-based cos for biogas plants

Discussions were held on to commercialise the technologies in a better way The Punjab Agricultural University (PAU) has inked a pact with Preet Energies, Amloh, Fatehgarh Sahib and ZAK Venture,…

Can two days change the trajectory of biocontrol?

The Annual World BioProtection Summit and Awards to be held in Birmingham from May 23-24 The Annual World BioProtection Summit and Awards will be held in Birmingham from May 23-24.…

Centre extends timeline for disbursement of loan/completion of ethanol projects

The move will facilitate project proponents to complete the projects and to avail of the benefits of interest subvention The Central Government has decided to extend the timeline for disbursement…

Reduce sugar production and increase conversion to ethanol, will boost sugar Industry:  Gadkari

Nitin Gadkari, Union Minister Road Transport and Highways was addressing the Sugar & Ethanol India Conference (SEIC) 2022 held in Mumbai. Union Minister for Road Transport and Highways, Nitin Gadkari…

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