#NewsAlert: Cabinet approves Amendments to National Policy on Biofuels -2018.
Stay tuned for more details!
Stay tuned for more details!
Main amendments:-
🔹More feedstocks for production of biofuels
🔹Advance 20% ethanol blending to ESY 2025-26 vs 2030
🔹Units located in SEZ/ Export Units (EoUs)
🔹To add new members to NBCC
🔹Permission for export of biofuels in specific cases
🔹To delete/amend phrases in Policy.
🔹More feedstocks for production of biofuels
🔹Advance 20% ethanol blending to ESY 2025-26 vs 2030
🔹Units located in SEZ/ Export Units (EoUs)
🔹To add new members to NBCC
🔹Permission for export of biofuels in specific cases
🔹To delete/amend phrases in Policy.
Cabinet empowers boards of CPSEs to decide on closure, divestment of units/ subsidiaries: Official statement.
For strategic disinvestment, such guiding principles will be laid down by DIPAM.
In line with new PSE policy, to minimize Govt presence, further delegation provided through this decision.
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