Bio-Fuels: Awaiting Their Policy Push!

As an aftermath of the climate change debates in the previous decade, a National Policy on Bio-fuels was drafted by Ministry of New and Renewable Energy ("MNRE"), Government of India in 2009. However, slow movement in the industry and un-workable commercials for production and usage of bio-fuels have posed a challenge, one that has easily rendered the attention on bio-fuels on the back burner.

With concrete shift of focus of the energy industry towards sustainable and renewable alternatives, the Government has been seen rolling out incentives, schemes and policies to facilitate renewable energy. The same amount of focus is required in Bio-fuels. After a considerable wait, aided by policy concerns, the Government of India, via the Ministry of Petroleum and Gas, Government of India, had finally issued the National Policy on Bio-Fuels in 2018. The wait of almost a decade could have hurt the early-mover's advantage that was presented; however, such is the sensitivity of