Pradhan Mantri JI-VAN Yojana
About
- The Government has been promoting blending of ethanol in petrol under the Ethanol Blended Petrol (EBP) Programme wherein Public Sector Oil Marketing Companies (OMCs) sell petrol blended with ethanol.
- The blending percentage has touched 15.83% in the month of July, 2024 and cumulative blending percentage has crossed 13% in the ongoing ESY 2023-24.
- OMCs are on course to achieve the 20% blending target by the end of ESY 2025-26.
- To meet the ethanol blending targets, the Government is also focusing on alternate sources like 2nd Generation (2G) Ethanol (Advanced biofuels). Surplus biomass /agricultural waste which has cellulosic and lignocellulosic content, industrial waste etc. can be converted to ethanol using advanced biofuel technology.
- To encourage 2G ethanol capacity in the country and attract investment in this sector, “Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh Nivaran) Yojana” was notified in 2019 for providing financial assistance to 2G Bio-ethanol projects.
- Under the scheme, the first 2G Ethanol Project was set up by Indian Oil Corporation Limited at Panipat, Haryana in 2022.
- The other 2G commercial projects being set up by BPCL, HPCL and NRL at Bargarh (Odisha), Bathinda (Punjab) and Numaligarh (Assam) respectively, are also nearing completion.
Why in News?
- To keep pace with the latest developments in the field of biofuels and to attract more investment, the Union Cabinet has approved the modified Pradhan Mantri JI-VAN Yojana.
- The modified scheme extends timeline for implementation of scheme by Five (5) year i.e. till 2028-29 and includes advanced biofuels produced from lignocellulosic feedstocks i.e. agricultural and forestry residues, industrial waste, synthesis (syn) gas, algae etc. in its scope.
- To promote multiple technologies and multiple feedstocks, preference would now be given to project proposals with new technologies and innovations in the sector.
- The scheme aims to provide remunerative income to farmers for their agriculture residue, address environmental pollution, create local employment opportunities, and contribute to India’s energy security and self-reliance. It also supports the development of advanced biofuel technologies and promotes the Make in India Mission. It also helps in achieving India’s ambitious target for net-zero GHG emissions by 2070.
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