Petroleum Minister flags off 1st supply of Used Cooking Oil-based Biodiesel from IndianOil’s Tikrikalan Terminal

Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan, remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from IndianOil’s Tikrikalan Terminal. Secretary, Ministry of Petroleum & Natural GasTarun Kapoor and Chairman, IndianOil S M Vaidya, were also present on the occasion. To create an eco-system for collection and conversion of UCO into Biodiesel and developing entrepreneurship opportunities, Minister of Petroleum and Natural Gas & Steel, along with Minister of Health& Family Welfare, Science & Technology and Earth Sciences, hadinitiated Expressions of Interest (EoIs) for “Procurement of Bio-diesel produced from Used Cooking Oil (UCO)” on the occasion of World Biofuel Day on 10th August 2019. And such “Expression of Interest” is being periodically released by Oil Marketing Companies (OMCs). In the first phase, 11 EoIs were floated between 10.08.2019 to 09.11.2020 for 200 locations. Publication of EoIs has been extended for one more year up to 31.12.2021, for 300 locations across the country.

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