New generation biofuels: The government is promising incentives
Jul 23: India, reportedly has a surplus biomass availability to the tune of 120 -160 MMT annually which, if converted, has the potential to yield 3000 crore litres of ethanol. 8And among a slew of incentives that the government is planning to extend to manufacture biofuels are viability gap funding, subsidies and grant. 8Will the pricing policy for advanced biofuels -- such as Second Generation (2G) Ethanol, drop-in fuels, bio-CNG, algae-based 3G biofuels,bio-methanol, DME, bio-hydrogen -- be different from first generation biofuels such as ethanol? 8Yes, says the government Click on Reports for more