Are PM Modi's Initiatives a New Dawn for Biofuels?

Synopsis
Key Takeaways
- PM Modi’s biofuel initiatives are transforming India's energy landscape.
- Namibia's entry into the Global Biofuel Alliance signifies international support.
- Biofuels are derived from renewable organic sources.
- Increased biofuel production enhances rural economy.
- Biofuel blending has surged dramatically in recent years.
New Delhi, July 14 (NationPress) Union Minister Hardeep Singh Puri expressed admiration for Prime Minister Narendra Modi's initiatives that are ushering in a transformative era for India through biofuels, marking the entry of Namibia into the Global Biofuel Alliance (GBA).
The Minister of Petroleum and Natural Gas highlighted that biofuel is produced from household and agricultural waste, grains, or even spoiled grains, making it a sustainable and clean energy source that plays a crucial role in advancing the nation's growth.
“Namibia's membership in GBA underscores India's commitment to clean energy and the expansion of the Global Biofuel Alliance, which reflects PM Narendra Modi's visionary approach to the principle of Vasudhaiva Kutumbakam,” the minister noted in a post on X.
Puri pointed out that the Prime Minister's advocacy for biofuels is effecting significant improvements in the country and enhancing the lives of its citizens.
“Through PM Modi’s leadership, India is experiencing a ‘new revolution of change via biofuel’. This eco-friendly fuel is fueling India’s progress and uplifting the lives of individuals across both rural and urban landscapes,” he stated.
Biofuels not only assist farmers in boosting their income but also foster new job opportunities, particularly in rural areas.
“This fuel is elevating farmers' earnings while simultaneously generating new employment prospects in the countryside,” he continued.
In a recent interview with IANS, the minister mentioned that biofuel blending has surged to 20 percent this year, a significant increase from just 1.4 percent in 2014.
India has emerged as the third-largest biofuel producer globally. Official data reveals that ethanol blending initiatives have raised farmer incomes over the last decade, as it's derived from sugarcane, created rural jobs, reduced CO2 emissions equivalent to planting 1.75 crore trees, and saved ₹85,000 crore in foreign exchange.
Leading this ambitious endeavor are state-owned oil companies such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum, which are rolling out various ethanol and gasoline blends across the country.