The court issued a notice to the state government and the private company, while restraining the bank from encashing the bank guarantee in favour of the company. The Gujarat High Court has restrained renewable fuel company My Eco Energy Private Limited from encashing a bank guarantee furnished by a fuel station owner after the latter […]
EXPLAINER: Why has India banned biofuel imports?
ETEnergyworld explains what the ban means and its larger impact. New Delhi: The Directorate General of Foreign Trade (DGFT), the government body responsible for regulation and promotion of foreign trade, last month declared bio-fuel as a restricted commodity, the import of which would require a license from DGFT. ETEnergyworld explains what the ban means and […]
Exclusive: EPA may issue E15 gasoline plan without biofuel credit trade limits – sources
WASHINGTON: The U.S. Environmental Protection Agency is considering releasing its draft proposal to expand sales of higher ethanol blends of gasoline without including simultaneous measures it promised the oil industry to curb biofuel credit speculation, according to three sources familiar with the matter. The move would help the agency lift a summertime ban on sales […]
Punjab govt inks MoU with Virgo Corp for biofuel project
Chandigarh: The Punjab government Monday signed an MoU with a Delhi-based company for a Rs 630-crore project which will produce biofuel from rice husk. The technology for the project will be provided by the US giant Honeywell. The company, Virgo Corporation, will use the technology to produce biofuel from rice husk to set up a […]
