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Indian Oil Marketing Companies Launch New Biodiesel Tender for FY 2025-26
India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.
The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).
The move follows the previous fiscal year’s ambitious target of 860 million liters, signaling the government’s continued commitment to advancing its bio diesel programme
“Ethanol has benefited from a more focused policy push, regulated supply chains, and effective pricing mechanisms,” explained Dr. Rajeev Kumar, an energy policy expert at the Center for Policy Research. “Biodiesel, meanwhile, has struggled with feedstock security and economic viability issues that haven’t been addressed with the same urgency.
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