The government approved the “Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool Fasal Awashesh Nivaran) Yojana” for providing financial support to Integrated Bioethanol Projects using lignocellulosic biomass (LC Biomass) and other renewable feedstock.
The scheme focuses to incentivise 2G Ethanol sector and support this nascent industry by creating a suitable ecosystem for setting up commercial projects and increasing Research & Development in this area. It is a small step for Ministry of Petroleum & Natural Gas that has targeted to achieve 10% blending percentage of Ethanol in petrol by 2022.
Objectives
Establish commercially viable projects for 2G Ethanol production.
