Nayara Energy to set up two ethanol plants in India

Spanish Market: Biofuels
16/05/24

Indian private-sector refiner Nayara Energy plans to invest 6bn rupees ($71.9mn) to set up two Indian ethanol plants, each with a production capacity of 200 kilolitre (kl)/d.

Nayara has already identified and purchased land in south India's Naidupeta town, Andhra Pradesh state and central India's Balaghat city, Madhya Pradesh state for the proposed plants. The plants will be commissioned by 2026 and will use broken rice and maize as feedstock.

The company aims to gradually increase the number of plants to five, with a combined ethanol production capacity of around 1,000 kl/d.

"The establishment of ethanol facilities will significantly enhance Nayara Energy's ethanol supply reliability, playing a crucial role in meeting the Indian government's 20pc blending target by the end of fiscal year 2025-2026," Nayara Energy's chief executive officer Alessandro des Dorides said. India achieved 12pc ethanol blending with petrol during November 2023-March 2024, according to the oil ministry.

Nayara Energy is also considering a significant expansion of its 400,000 b/d Vadinar refinery, and proposed doubling primary capacity to 800,000 b/d. The Vadinar expansion project would essentially mean building a new refinery at the existing site, Indian oil ministry secretary Pankaj Jain said in February, according to Russian state-owned news agency Tass. Russian state-controlled Rosneft has a 49pc shareholding in Nayara.

By Roshni Devi

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20/12/24

Viewpoint: EU, UK mandates will drive global SAF demand

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Trump backs new deal to avoid shutdown: Update

19/12/24

Trump backs new deal to avoid shutdown: Update

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US Congress passes waterways bill

19/12/24

US Congress passes waterways bill

Houston, 19 December (Argus) — The US Senate has passed a bipartisan waterways infrastructure bill, providing a framework for further investment in the country's waterways system. The waterways bill, also known as the Water Resources and Development Act (WRDA), was approved by the Senate in a 97-1 vote on 18 December after clearing the US House of Representatives on 10 December. The WRDA's next stop is the desk of President Joe Biden, who is expected to sign the bill. The WRDA has been passed every two years, authorizing the US Army Corps of Engineers (Corps) to undertake waterways infrastructure and navigation projects. Funding for individual projects must still be approved by Congress. Several agriculture-based groups voiced their support for the bill, saying it will improve transit for agricultural products on US waterways. The bill also shifts the funding of waterways projects to 75pc from the federal government and 25pc from the Inland Waterways Trust Fund instead of the previous 65-35pc split. "Increasing the general fund portion of the cost-share structure will promote much needed investment for inland navigation projects, as well as provide confidence to the industry that much needed maintenance and modernization of our inland waterway system will happen," Fertilizer Institute president Corey Rosenbusch said. The bill includes a provision to assist with the damaged Wilson Lock along the Tennessee River in Alabama. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

Indonesia’s Pertamina seeks UCO for SAF output

19/12/24

Indonesia’s Pertamina seeks UCO for SAF output

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US Army Corps proposes new Illinois River lock

18/12/24

US Army Corps proposes new Illinois River lock

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