Cabinet approved signing of MoU between India & Brazil on Bioenergy Cooperation

The Union Cabinet, has given its approval for signing of Memorandum of Understanding between the Republic of India and the Federative Republic of Brazil on Bioenergy Cooperation.

The MoU will provide a framework to cooperate and promote investment in biofuel, bioelectricity and biogas supply-chains, including feedstock, industrial conversion, distribution and end use sectors.

Brazil is currently the world’s second largest producer and consumer of biofuels and biofuels and bioelectricity accounted for 18% of Brazil’s energy mix. India also has a strong focus in the area of bio-fuels and has set a target to achieve 20% blending of ethanol in petrol and 5% blending of biodiesel in diesel by 2030

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