Union Minister of Petroleum & Natural Gas flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from Indian Oil’s Tikrikalan Terminal, Delhi.
Key takeaways
To create an eco-system for collection and conversion of UCO into Biodiesel, Minister of Petroleum and Natural Gas had initiated Expressions of Interest (EOI) for “Procurement of Bio-diesel produced from Used Cooking Oil” on the occasion of World Biofuel Day on 10th August 2019.
It is a landmark in India’s pursuance of Biofuels which will have a positive impact on the environment.
Important value additions
Biodiesel is an alternative fuel, similar to conventional or ‘fossil’ diesel.
It can be produced from vegetable oils, animal fats, tallow and waste cooking oil.
A significant advantage of Biodiesel is its carbon-neutrality, i.e. the oilseed absorbs the same amount of CO2 as is released when the fuel is combusted in a vehicle.
Also, Biodiesel is rapidly biodegradable and completely non-toxic.