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Financial Boost for Advanced Biofuel Projects under PM JI-VAN Yojana

General Carbon

Sep 25, 20241 min read

The Union Cabinet has approved extending the PM JI-VAN Yojana until 2028-29, now supporting advanced biofuels from lignocellulosic feedstocks, including agricultural residues, forestry waste, industrial waste, synthesis gas, and algae. The updated scheme prioritizes projects with new technologies and innovations. This initiative aims to increase farmers' income, reduce environmental pollution, create local jobs, and bolster India’s energy security. Embracing advanced biofuel technologies is essential for India to achieve its net-zero emissions target by 2070

Press Release Ifrma Page: Press Information Bureau (pib.gov.in)

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