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IREDA sanctions loans worth Rs 12,696 crore in 2019-20

By : Sustainability ..., Nov 13, 2020

The Indian Renewable Energy Development Agency Ltd (IREDA) has sanctioned loans worth Rs 12,696 crore and has disbursed Rs 8,785 crore, supporting capacity addition of 5,673 MW during 2019-20, a...

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India, Brazil talk biofuel strategy, solutions to scale up ethanol production

By : Sustainability ..., Feb 25, 2020

In line with the recent MoU signing in the backdrop of the Brazilian president, Jair Bolsonaro’s India visit, India and Brazil today discussed solutions for adoption of biofuel strategy. The discussion was carried out as part of the seminar ‘Sustainable Mobility: Ethanol...

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IOCL gets Environment Ministry’s clearance to set up 2G ethanol plant in Panipat

By : Sustainability ..., Nov 11, 2019

The Ministry of Environment has granted clearance to the Indian Oil Corporation Ltd (IOCL) to set up a Rs 766-crore 2G ethanol plant in Haryana’s Panipat district. Making the announcement through a tweet on Sunday, Union Environment Minister Prakash Javadekar said, “Happy to...

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‘Can’t miss bus to become a base for EV making’

By : Sustainability ..., Oct 17, 2019

India’s bid to electrify its bus fleet is progressing swiftly and the country must not “miss the bus” for creating a local manufacturing base for electric vehicles, union minister for road transport and highways Nitin Gadkari has said. “Our dream of electrification is...

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India may save $381 mn through sustainable ethanol procurement system

By : Sustainability ..., Oct 11, 2019

India could save $381 million and ensure consistent supply of ethanol while developing the indigenous industry, says the latest Report by UPES & PLR. It emphasizes on meeting the ethanol blending mandates along with the development of 2G production. The Report suggests...

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Indian Oil Company to invest nearly $3.5 billion in green projects including 2G and 3G ethanol

By : Sustainability ..., Aug 23, 2019

In India, the Economic Times newspaper reports that Indian Oil Company plans to invest nearly $3.5 billion in green energy projects across a wide-ranging portfolio of renewables including 2G and...

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India To Save $ 381 Million Through Sustainable Ethanol Procurement System

By : Sustainability ..., Jul 18, 2019

India could save $381 million and ensure a consistent supply of ethanol while developing the indigenous industry, says the latest report by UPES and PLR. It emphasizes meeting the ethanol...

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OMCs float fresh tender for procuring 910 million litres of ethanol

By : Sustainability ..., Mar 15, 2019

In the backdrop of the Cabinet Committee on Economic Affairs (CCEA) approving Rs 2,790-crore interest subvention for bank loans worth Rs 12,900 crore to sugar mills aimed at facilitating...

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Govt to raise target for ethanol blending of petrol

By : Sustainability ..., Nov 23, 2018

The government intends to further increase the target level for the Ethanol Blended Petrol (EBP) programme that aims to bring down India's imports of petroleum products, as also provide cleaner...

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Up to 25% hike in ethanol prices to shrink OMC margins, boost mills

By : Sustainability ..., Sep 13, 2018

In a relief to the sugar industry struggling to cope with exorbitant state-fixed cane prices, the Cabinet Committee on Economic Affairs (CCEA) on Wednesday decided to raise the rate of ethanol...

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