Biodiesel in India - The Underlying Reality

  • July 2008
  • -
  • Global Data
  • -
  • 26 pages

Biodiesel in India - The Underlying Reality

Summary

In the backdrop of surging oil prices and growing emissions, expanded use of alternative sources of energy has become the need of the hour. Governments worldwide are making attempts to ensure an increased share of alternate energy sources. Development of biofuels for transportation like ethanol and biodiesel is a recent phenomenon. However, in the current scenario, biodiesel has been accepted as a very effective clean alternative fuel by most of the developed and developing countries. Countries like the US, France, Germany, Italy, Malaysia, Czechoslovakia, Austria and other European and Asian countries have already put a major thrust on production of biofuels. Fuel tax exemptions and/or production subsidies have become important biofuels policies in more than a dozen countries. Mandates for blending biofuels into vehicle fuels have been enacted in at least 36 states/provinces across the US and 17 countries worldwide at the national level. Most mandates require blending 10–15% ethanol with gasoline or blending 2–5% biodiesel with diesel fuel.

Scope

• GlobalData viewpoints cover the latest events or important trends in the alternative energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the alternative energy industry across the world.

Reasons to Buy

• Develop business strategies with the help of specific insights from GlobalData on the key events happening in the alternative energy industry.
• Gain a strong understanding of the energy market and analyze the major trends in the global alternative energy industry today
• Identify opportunities and challenges with the help of our analysis of the latest news and deals in the alternative energy industry
• Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events

Table Of Contents

1 Table of Contents 2
1.1 List of Tables 4
1.2 List of Figures 5
2 GlobalData Viewpoint 6
2.1 Summary 6
3 Biodiesel in India - The Underlying Reality 7
3.1 Introduction 7
3.2 India: Seemingly an Attractive Destination 7
3.3 The Underlying Reality 9
3.4 Conclusion 11
4 Recent Developments 12
4.1 Jun 27, 2008: Indian Defense Minister Announces Use Of Biodiesel In Armed Forces 12
4.2 Jun 19, 2008: Oman, UAE, Argentina Seeks Assistance From CSMCRI For Research On Jatropha Biodiesel 13
4.3 Jun 14, 2008: Naturol To Ship 10,000 Tones Of Biodiesel To European Buyer 13
4.4 April 24, 2008: Bharat Petroleum To Enter Into Partnership With Shapoorji Pallonji And Nandan Biomatrix 14
4.5 April 11, 2008: RIL To Set Up Biofuel Unit In Gujarat 14
4.6 April 10, 2008: India Plans To Unveil National Policy To Increase Biofuel Use 15
4.7 April 01, 2008: India To Set Up National Biofuel Development Board 15
4.8 February 21, 2008: India Enters Agreement With Saskatchewan University To Cooperate On Biofuels 15
4.9 February 19, 2008: Mission Signs MoU With IOB 16
4.10 February 02, 2008: Indian Biodiesel Industry Seeks Grants For Fuel Growth 16
4.11 February 01, 2008: India Launches Biofuels And Bioenergy Science Centre 17
4.12 January 10, 2008: Mission Biofuels Acquires 20% Of Mission Biofuels India 17
4.13 January 08, 2008: Benefuel Signs Manufacturing Agreement With Sud-Chemie 18
4.14 January 07, 2008: Mission Signs Deal With Indian District Controlled Entity 18
4.15 January 07, 2008: Centre Of Energy Biosciences To Come Up At UICT In India 19
4.16 December 31, 2007: CJP Develops New Couple Oil Crop Cultivation Technology For Biodiesel Production 20
4.17 November 29, 2007: Indian Biodiesel Producers Plans To Export Biodiesel 21
4.18 November 11, 2007: Indian Oil To Form A Joint Venture With Chhattisgarh State Renewable Development Agency 21
4.19 October 16, 2007: Naturol Starts Production On Biodiesel Plant In Kakinada 21
4.20 May 08, 2007: India Establishes National Biodiesel Mission To Develop Biodiesel Sector 22
5 Appendix 24
5.1 Methodology 24
5.2 Definitions 25
5.3 Contact Us 25
5.4 About GlobalData 25
5.5 Disclaimer 25



1.2 List of Figures
Figure 1: GlobalData Methodology 24

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