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August 08, 2008 | Jim Lane | Comments 0

India to miss biofuels target by 40 percent; sugar blames oil, oil blames government

In India, government officials are admitting that the country is likely to reach a 3 percent biofuels target, compared to the national target of 5 percent. The country is scheduled to move to a 10 percent target effective in October. Sugar producers have blamed oil companies. Vinay Kumar, the managing director of National Federation of Cooperative Sugar Factories, told sify.com that “We have spent Rs 600 crore in installing ethanol production facilities. We are waiting for oil companies to take the initiative and ask for the product, which we can supply in any quantity.” Meanwhile. an unnamed Bharat Petroleum executive said that the company achieved the 5 percent target in 14 states but that government issues prevented compliance in the other six.

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