MARKETS

BSE Prices delayed by 5 minutes... Prices as on Nov 13, 2018 - 10:59AM   ABB India 1310.35 [ 0.09% ]ACC 1434 [ -0.55% ]Ambuja Cements Ltd. 203.6 [ 0.22% ]Asian Paints Ltd. 1288.2 [ 0.99% ]Axis Bank Ltd. 611.75 [ 0.92% ]Bajaj Auto Ltd. 2633.1 [ -0.53% ]Bank of Baroda 107.05 [ -2.15% ]Bharti Airtel 293.05 [ -0.78% ]Bharat Heavy Ele 68.35 [ -0.80% ]Bharat Petroleum 302 [ 3.71% ]Britannia Ind. 5721.5 [ -0.56% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 530 [ -0.36% ]Coal India 266.8 [ 1.04% ]Colgate Palm. 1103 [ 0.99% ]Dabur India 367.05 [ -2.22% ]DLF Ltd. 169.3 [ -1.28% ]Dr. Reddy's Labs 2432 [ 0.78% ]GAIL (India) Ltd. 366.75 [ 0.60% ]Grasim Inds. 870.9 [ 1.28% ]HCL Technologies 1038.7 [ 0.51% ]HDFC 1797.1 [ 0.11% ]HDFC Bank 1923.7 [ 0.02% ]Hero MotoCorp 2823 [ -0.51% ]Hindustan Unilever L 1652.4 [ -0.09% ]Hindalco Indus. 227.25 [ -0.96% ]ICICI Bank 350.05 [ -0.64% ]IDFC L 37.55 [ -1.57% ]Indian Hotels Co 130.75 [ 0.08% ]IndusInd Bank 1472.05 [ -1.31% ]Infosys 661 [ -0.52% ]ITC Ltd. 274.65 [ 0.29% ]Jindal St & Pwr 175.6 [ -3.01% ]Kotak Mahindra Bank 1148.5 [ -0.64% ]L&T 1372.55 [ 0.41% ]Lupin Ltd. 853 [ -0.87% ]Mahi. & Mahi 784 [ 0.47% ]Maruti Suzuki India 7099.8 [ 0.37% ]MTNL 13.8 [ -1.08% ]Nestle India 10161.85 [ 0.45% ]NIIT Ltd. 78.2 [ 0.06% ]NMDC Ltd. 105.6 [ -1.26% ]NTPC 153.8 [ 0.65% ]ONGC 156.6 [ 0.38% ]Punj. NationlBak 69.15 [ -1.43% ]Power Grid Corpo 185.4 [ -0.32% ]Reliance Inds. 1083.1 [ 0.40% ]SBI 274.5 [ -1.17% ]Vedanta 203.5 [ 0.02% ]Shipping Corpn. 45.25 [ -0.44% ]Sun Pharma. 572.1 [ -2.96% ]Tata Chemicals 691.5 [ -1.02% ]Tata Global Beverage 212.8 [ -0.75% ]Tata Motors Ltd. 179.8 [ -3.31% ]Tata Steel 584.2 [ 0.22% ]Tata Power Co. 73.15 [ -1.61% ]Tata Consultancy 1927.25 [ 0.59% ]Tech Mahindra Ltd. 724 [ -0.08% ]UltraTech Cement 3797.05 [ 1.76% ]United Spirits 635 [ 0.45% ]Wipro Ltd 324 [ 0.06% ]Zee Entertainment En 434.5 [ -0.86% ]

News Details

You can view in detail.
Cabinet approves National Policy on Biofuels, 2018 16/05/2018 17:03

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved National Policy on Biofuels – 2018.

The policy categorises biofuels as "Basic Biofuels" viz. First Generation (1G) bioethanol & biodiesel and "Advanced Biofuels" - Second Generation (2G) ethanol, Municipal Solid Waste (MSW) to drop-in fuels, Third Generation (3G) biofuels, bio-CNG etc. to enable extension of appropriate financial and fiscal incentives under each category.

The policy expands the scope of raw material for ethanol production by allowing use of Sugarcane Juice, Sugar containing materials like Sugar Beet, Sweet Sorghum, Starch containing materials like Corn, Cassava, Damaged food grains like wheat, broken rice, Rotten Potatoes, unfit for human consumption for ethanol production.

Farmers are at a risk of not getting appropriate price for their produce during the surplus production phase. Taking this into account, the Policy allows use of surplus food grains for production of ethanol for blending with petrol with the approval of National Biofuel Coordination Committee.

With a thrust on Advanced Biofuels, the Policy indicates a viability gap funding scheme for 2G ethanol Bio refineries of Rs.5000 crore in 6 years in addition to additional tax incentives, higher purchase price as compared to 1G biofuels.

The Policy encourages setting up of supply chain mechanisms for biodiesel production from non-edible oilseeds, Used Cooking Oil, short gestation crops.

Roles and responsibilities of all the concerned Ministries/Departments with respect to biofuels has been captured in the Policy document to synergise efforts.

LOAD MORE