MRC -- India will start blending compressed biogas with natural gas to boost domestic demand and cut reliance on natural gas imports, the government said in a statement on Saturday, said Hydrocarbonprocessing.
The mandatory phased introduction will start at 1% for use in automobiles and households from April 2025, it said. The share of mandatory blending will then be increased to around 5% by 2028.
India, which is one of the world's largest importers of oil and gas, ships in about half of its overall gas consumption and wants to cut its imports cost.
The government also aims to have 1% sustainable aviation fuel (SAF) in aircraft turbine fuel by 2027, doubling to 2% in 2028. The SAF targets will initially apply to international flights, the statement said. The steps are aimed at helping India achieve net zero emissions targets by 2070.
We remind, Haldia Petrochemicals Limited (HPL) is building India's first on-purpose propylene facility based on Olefin Conversion Technology (OCT) in Haldia, West Bengal. Speciality chemicals have supported HPL in earning Rup 999 crore of revenue in FY 2023. HPL is also constructing India's biggest phenol facility with 300,000 tonnes/y of phenol capacity and 185,000 tonnes/y of acetone capacity. With the two plants commissioning, the total chemical business portfolio is poised to rise by Rup 5000 crore.