Bioenergy sector is set to reach 50 per cent of fossil fuel in the next five years: Nitin Gadkari
Nitin Gadkari, the Union Minister, Road Transport and Highways was speaking at the inaugural of International Conference and Exhibition on Bioenergy & Technologies 2024 in Dwarka, Delhi.
“Promoting the biofuel sector in India would benefit the country’s agriculture sector. Bioenergy sector is set to reach 50 per cent of fossil fuel in the next five years”, said Nitin Gadkari, the Union Minister, Road Transport and Highways during the inaugural session of the India Bio-Energy & Tech Expo 2024.
Gadkari announced that 400 Ethanol pumps are starting in India, Maharashtra, Karnataka, Uttar Pradesh and Tamil Nadu. Every year import of fossil fuel is 22 lakh tonnes.
He mentioned that it is not the problem with air pollution, but it is also a deep economic concern for the country. Today agriculture and allied industry share in GDP is 12 per cent, manufacturing 20-25 per cent, service sector 20-25 per cent. The promotion of the bioenergy sector will help to achieve a 5 trillion economy dream.
The 3-day event started from September 2, 2024, is organised by the Indian Federation of Green Energy (IFGE) and MMActiv Sci-Tech Communications, is an International Conference and Exhibition on Bioenergy & Technologies at Yashobhoomi – India International Convention & Expo Centre in Dwarka, Delhi. It represents a significant step in advancing the bioenergy sector and is supported by the Ministry of Road Transport and Highways, Government of India. Hardeep Singh Puri, Minister for Petroleum and Natural Gas and Dr Pramod Chaudhri President, IFGE & Executive Chairperson, Praj Industries, Ravindra Boratkar Founder Member of IFGE and Managing director of MM Activ Sci -Tech Communication, were present at the inaugural session.
AgroSpectrum September 24 issue devoted to the bioenergy sector in India was published by Union Minister Nitin Gadkari, Hardeep Singh Puri, Minister for Petroleum and Natural Gas and dignitaries during the inaugural session.
Hardeep Singh Puri, Minister for Petroleum and Natural Gas, stated that the government is making efforts to increase the use of biofuels in India. The target year for achieving 20 per cent ethanol-blending has been advanced by five years to 2025, and there are plans for 5 per cent blending of biodiesel in diesel by 2030. Additionally, oil companies have been directed to sell 20 per cent ethanol-blended petrol, and BIS specifications for higher ethanol blends (E12 and E15) indicate the government’s emphasis on biofuels and alternative energy sources.
IIT Delhi and IFGE signed an MoU for the Centre of Excellence at IIT Delhi for Bioenergy. The Biodiesel Association of India also facilitated awards to Indian Oil Corporation, Emami Agrotech, Blue Stone Energy, and Kem Energy.
The event will feature diverse exhibitors from the bioenergy, biofuel, biomass, CBG (Compressed Biogas) production, ethanol end users, technology providers, equipment, and machinery EPC industries.
Nitin Gadkari, the Union Minister, Road Transport