BioVoice News eMag October 2023 | Page 16

C O V E R S T O R Y

A look at the leading biofuel players in India

1 2

Indian Oil Corporation Limited ( IOCL )
IOCL is a major player in the Indian oil and gas industry and has been actively involved in the production and promotion of biofuels . It has been producing biofuels such as biodiesel and bioethanol .
Bharat Petroleum Corporation Limited ( BPCL )
As a major state-owned oil and gas companies in India , BPCL has been involved in biofuel production and has undertaken initiatives to promote the use of biofuels .

3 4

Hindustan Petroleum Corporation Limited ( HPCL )
): HPCL is another significant player in the Indian oil and gas sector . It has been involved in biofuel production and has participated in initiatives to increase the use of biofuels in the country .
Reliance Industries Limited
Reliance , one of India ' s largest conglomerates , has been exploring opportunities in the biofuel sector . The company has shown interest in advanced biofuels and sustainable energy solutions .

5 6

Praj Industries
Praj Industries is a Pune-based company that provides solutions for bioenergy , including biofuels . They are involved in the design and engineering of biofuel plants and have played a role in promoting sustainable fuel production .
Nandan Biomatrix Limited
This company focuses on the production of biofuel from non-food crops and waste materials . It has been involved in the development of technologies for biodiesel production .

7

My Eco Energy
My Eco Energy is known for producing biobased green fuels . They have introduced Indizel , which is a bio-based diesel substitute that claims to be a drop-in replacement for diesel without any modification in engines .
vehicles , including two wheelers . In addition , a GHG measurement and reporting requirement would help India assure and improve GHG reductions from biofuel use in the transport sector . Biodiesel production in India stands at less than 1 % of diesel demand . India has established targets , feedstock requirements , and initiatives to establish used cooking
16
BioVoiceNews | October 2023