India needs to spend about Rs 2,500 to meet its goal of blending 5% biodiesel with regular diesel by 2030, according to a new report. The report says that making this goal happen will depend on having a good supply of materials and getting help from the government, like tax breaks, reports Autocar professional.
Right now, India is only blending about 0.6% biodiesel, which is much lower than the goal. This is because not enough money has been invested, and it’s hard to collect used cooking oil, which is a key ingredient. Companies that already process edible oils are expected to be in a better position to increase biodiesel production.
The government wants to blend biodiesel to reduce India’s reliance on fossil fuels and promote cleaner energy. Diesel use in India is growing, and by 2030, it’s expected to reach 104 million tons.
Getting enough materials to make biodiesel is a big challenge. Collecting used cooking oil is difficult because the system is spread out and inefficient. The government is trying to help by setting up collection centers and giving people reasons to collect used oil.
They are also looking at other materials like non-edible oils and animal fats to make biodiesel. Using Jatropha plants hasn’t worked well.
To reach the 5% blending goal, India needs to produce 5.5 billion liters of biodiesel each year. This will require a lot of investment in new plants and equipment.
Making biodiesel is currently more expensive than making regular diesel. This means that oil companies might not want to blend more biodiesel unless the government helps them with money.
Even though it’s more expensive, biodiesel is better for the environment. It produces fewer harmful gases and helps improve air quality.
Other countries have been successful in blending biodiesel. For example, Indonesia uses money from palm oil exports to make biodiesel cheaper. Brazil and Colombia have also implemented programs to encourage biodiesel use.
The report says that India needs strong government support, including financial help, to increase biodiesel blending. It also needs to improve its supply chain and use more local materials.
More research is needed to make biodiesel work better in engines and to make higher blends possible. It’s also important to educate the public about the benefits of biodiesel.
Meeting the 5% blending goal will be tough, but with investment and support from the government and businesses, India can make biodiesel a successful source of renewable energy.
For detailed information and further insights, please refer to BioEnergyTimes.com, which provides the latest news about the Biodiesel Industry