Trade and markets
 

Detail

Area
India
Commodity Group
Biofuels
Commodity
Biodiesel
Date
01/03/2015
Policy Category
Consumption and marketing
Policy Instrument
Renewable energy policy
Description
Allowed manufacturers to sell biodiesel directly to end users (especially bulk consumers such as rail companies), in an attempt to foster domestic biodiesel production and usage.
Notes
The central government confirmed that producers, suppliers and authorized dealers of biodiesel will be allowed to sell their product directly to all types of domestic consumers (see also MPPU Dec.’14). Until now, biodiesel manufacturers were required to sell their production at a uniform price to designated oil marketing companies for distribution to end consumers. By liberalizing trade, the government hopes to foster the production and usage of biodiesel in the country. All national biodiesel sales will be required to comply with the prescribed quality standards.