Petroleum Minister flags off 1st supply of Used Cooking Oil-based Biodiesel from Indian Oil’s Tikrikalan Terminal
Minister of Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan today remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from IndianOil’s Tikrikalan Terminal, Delhi. Secretary, Ministry of Petroleum & Natural Gas Shri Tarun Kapoor and Chairman, IndianOil Shri 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, had initiated Expressions of Interest for “Procurement of Bio-diesel produced from Used Cooking Oil” on the occasion of World Biofuel Day on 10th August 2019. Such “Expressions of Interest” are 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.
Biodiesel is an alternative fuel, similar to conventional or ‘fossil’ diesel. It can be produced from vegetable oils, animal fats, tallow and waste cooking oil. A significant advantage of Biodiesel is its carbon-neutrality, i.e. the oilseed absorbs the same amount of CO2 as is released when the fuel is combusted in a vehicle. Also, Biodiesel is rapidly biodegradable and completely non-toxic.