{"id":18075,"date":"2023-07-07T06:36:10","date_gmt":"2023-07-07T06:36:10","guid":{"rendered":"https:\/\/www.newprojectstracker.com\/blog\/?p=18075"},"modified":"2023-07-08T06:39:05","modified_gmt":"2023-07-08T06:39:05","slug":"jv-signed-to-advance-biofuels-production-capacity-in-india","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/jv-signed-to-advance-biofuels-production-capacity-in-india\/","title":{"rendered":"JV signed to advance biofuels production capacity in India"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/18075?pdf=18075\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img src=\"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/07\/JV-signed-to-advance-biofuels-production-capacity.jpg\" \/><\/p>\n<p>According to a BSE filing by Indian Oil, Praj Industries Limited (Praj) and Indian Oil Corporation Limited (IOCL) have signed a term sheet to increase India&#8217;s capacity for producing biofuels.<\/p>\n<p>According to the press release, this memorandum of understanding (MoU) covers a number of biofuels, including biodiesel, bio-bitumen, ethanol, compressed biogas (CBG), and sustainable aviation fuel (SAF).<\/p>\n<p>In October 2021, both companies had entered into an agreement to form a 50-50 joint venture to this end.<\/p>\n<p>Shrikant Madhav Vaidya, Chairman, Indian Oil, said that this collaboration is a remarkable milestone in Indian Oil\u2019s green energy transition journey and it will help achieve the goal of net-zero operational emissions by 2046 and maintain the leadership in the green energy domain.<\/p>\n<p>Vaidya added that India is an agrarian economy and it offers the advantage of sufficient availability of feedstock.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report According to a BSE filing by Indian Oil, Praj Industries Limited (Praj) and Indian Oil Corporation Limited (IOCL) have signed a term sheet to increase India&#8217;s capacity for producing biofuels&#8230;. <\/p>\n","protected":false},"author":1,"featured_media":18087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163,128],"tags":[962],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2023\/07\/JV-signed-to-advance-biofuels-production-capacity.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/18075"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=18075"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/18075\/revisions"}],"predecessor-version":[{"id":18088,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/18075\/revisions\/18088"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/18087"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=18075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=18075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=18075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}