Pradhan Mantri JI-VAN Yojana

Rising exports and expanding refining capacity boost India’s petroleum industry

India has experienced a surge in petroleum product exports over the past decade, with its refining capacity now exceeding 250 million metric tonnes per annum (MMTPA), enabling the country to meet global demand, according to a press release from the Ministry of Petroleum & Natural Gas. India ranks among the top five refining nations globally and is the seventh-largest exporter of refined petroleum products, the statement added. Historical Growth and Industry Expansion India’s petroleum i...

August 10, 2024 3:50 PM

Cabinet approves extended Pradhan Mantri JI-VAN Yojana to boost advanced biofuel projects

The Union Cabinet has approved an extension of the Pradhan Mantri JI-VAN Yojana, a key initiative aimed at enhancing the country's advanced biofuel sector. The revised scheme extends its implementation period by five years, now running through 2028-29, and broadens its scope to include biofuels produced from lignocellulosic feedstocks such as agricultural residues, forestry waste, industrial by-products, and algae. The updated Pradhan Mantri JI-VAN Yojana now encompasses "bolt-on" and "brownfie...