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National Policy on Biofuels

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Submitted By rupesht
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Government of India Ministry of New & Renewable Energy

National Policy on Biofuels

Block No. 14, C.G.O. Complex Lodhi Road New Delhi- 110003

Page 1 of 18

National Policy on Biofuels
1.0 1.1 PREAMBLE India is one of the fastest growing economies in the world. The

Development Objectives focus on economic growth, equity and human well being. Energy is a critical input for socio-economic development. The energy strategy of a country aims at efficiency and security and to provide access which being environment friendly and achievement of an optimum mix of primary

resources for energy generation. Fossil fuels will continue to play a dominant role in the energy scenario in our country in the next few decades. However, conventional or fossil fuel resources are limited, non-renewable, polluting and, therefore, need to be used prudently. On the other hand, renewable energy resources are indigenous, non-polluting and virtually inexhaustible. India is

endowed with abundant renewable energy resources. Therefore, their use should be encouraged in every possible way. 1.2 The crude oil price has been fluctuating in the world market and has

increased significantly in the recent past, reaching a level of more than $ 140 per barrel. Such unforeseen escalation of crude oil prices is severely straining of the developing

various economies the world over, particularly those

countries. Petro-based oil meets about 95% of the requirement for transportation fuels, and the demand has been steadily rising. Provisional estimates have

indicated crude oil consumption in 2007-08 at about 156 million tonnes. The domestic crude oil is able to meet only about 23% of the demand, while the rest is met from imported crude.

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1.3

India’s energy security would remain vulnerable until alternative fuels to developed based on indigenously

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