Govt's biofuel initiative saves ₹91,000 cr in import bills: Puri

'India will achieve target of 20% biofuel blending by next year'

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BENGALURU: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said through biofuel blending, the country saved 91,000 crore rupees on the import bills, parallelly giving a much-needed boost to the agriculture sector.

Inaugurating the 27th Energy Technology Summit in Bengaluru on Tuesday, he said India has achieved the second position in biofuel blending globally.

He expressed confidence that India will achieve the target of 20 per cent biofuel blending by next year, much ahead of schedule.

As our refineries takes to green energy, the country will succeed in the goal towards green hydrogen, the Minister said.