Budget expectations: Biofuels sector

27 Jan 2022 , 07:51 PM

“We expect Union Budget 2022-23 to accelerate the progression of Biofuels industry that facilitates the fulfillment 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 institutionalizing Flex-Fuel policy in the transportation sector, would be of great help. We also urge that budget unveils definitive roadmap for decarbonizing aviation sector by inducting sustainable aviation fuel in the energy mix.”

The author of this article is Mr. Shishir Joshipura, CEO & MD of Praj Industries

The views and opinions expressed are not of IIFL Capital Services, indiainfoline.com