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- (-) Biofuels
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The new 20-year AEDP (2018 – 2037), which was approved by the Cabinet on April 30, 2019, is likely to lower the biofuel consumption target.
Biodiesel production in 2019 is expected to increase by roughly 36 percent (compared to the previous year) to 1.69 billion liters due to increases in domestic use and exports.
Japan’s annual biofuel target of 500 million liters (crude oil equivalent) for the transport sector was reached on time in 2017 and continues unchanged this year.
On May 24, 2019, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry issued a notification that biofuel imports (non-fuel use) in India will now require....