India government offers grants for developing alternative fuel energy

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India government offers grants for developing alternative fuel energy


The Ministry of New and Renewable Energy India announced
that it is providing grants to research institutions and industries to support
research, development and demonstration projects on various alternative fuels
such as biofuels and hydrogen.

The Ministry provides grants upto 100 percent of project
cost to educational and research institutions and upto 50 percent to industries
is provided for undertaking research, development and demonstration projects.

The expenditure incurred on research, development and demonstration projects on
biofuels and hydrogen during the last three years i.e. 2008-09 to 2010-11 is Rs
32.14 crore and is Rs 4.21 crore in the current year 2011-12 (upto 28th
November, 2011).

While a target of 20 percent blending of biofuels in diesel and petrol by the
year 2017 has been indicated in the National policy on Biofuels announced in
December 2009, a mandatory target of 5 percent blending of ethanol with petrol
and recommendatory target of 5 percent blending of bio-diesel with diesel is in
force since October 2009.

The use of hydrogen as alternate fuel or as blend with
other fossil fuels is still under research and development and no time frame
has so far been set for this purpose.


By Greetechlead.com Team
[email protected]

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