Universal Biofuels sells 27M liters of biodiesel for $24M

In India, Aemetis, Inc. announced that its Universal Biofuels subsidiary in India secured allocations of approximately $24 million for the supply of more than 27 million liters of biodiesel to India’s three government-owned Oil Marketing Companies (OMCs) for the period ending March 2026.

Additional OMC fuel supply orders are expected throughout the year to support the India government’s goal of increasing from a 1% biodiesel blend to a targeted 5%, as stated in the current India National Policy on Biofuels.

Tags: biodiesel, India, Universal Biofuels

Category: Fuels