The national policy on biofuels, approved by the Cabinet last week would encourage biodiesel plantations on wastelands, said Union Minister for New and Renewable Energy Vilas Muttemwar.
Biodiesel production will be taken up from non-edible oilseeds in waste or degraded marginal lands. An indicative target of 20 per cent by year 2017 for blending of biofuels namely bioethanol and biodiesel has been proposed, Muttemwar said. Oil marketing companies will have to purchase bioethanol at a Minimum Purchase Price (MPP) based on actual cost of production and import price of bioethanol, he said.
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