On September 9, 2023, Prime Minister Narendra Modi announced the Global Biofuel Alliance, garnering backing from 19 nations and international organizations during India’s G20 Presidency. The Global Biofuel Alliance was one of the G20 Summit goals for the Indian government after it was initially presented at India Energy Week in February. Biofuels, also known as bio-energy, are a type of energy produced from agricultural and biological resources called biomass. Biofuels support achieving net zero carbon emission goals by lowering emissions and are becoming increasingly popular on a global scale.

Businesses including Indian Oil Corporation, Bharat Petroleum, and GAIL (India) expressed hope that the collaboration will contribute to the development of a more environmentally friendly future. Along with enhancing India’s current biofuel initiatives, GBA also provides farmers with economic possibilities, lowers carbon emissions, boosts energy security, and strengthens the Indian ecosystem.

In India, several businesses are attempting to establish compressed biogas (CBG) facilities. In the next five years, 100 CBG facilities will be built by Reliance Industries, which recently surpassed other producers of bioenergy in India. These plants would use 5.5 million tonnes of organic waste and agro-residue. The nation’s fleet of diesel cars is steadily dwindling. 53% of passenger vehicles (mostly automobiles) on the road as of 2014 were diesel-powered. In 2023, their market contribution will drop to 18%. This is a terrific illustration of how the nation’s automotive sector is progressively converting to clean fuel. But this is only a brief pause. This sector is quickly shifting away from petroleum-based products altogether. The domestic transportation sector strategy will now be centered on alternative fuels like ethanol and hydrogen.

The automotive sector and the government inked an agreement to expand their mutual collaboration for the adoption of alternative fuels during the 63rd annual conference of SIAM, the top association of vehicle firms. Nitin Gadkari, the Minister of Road Transport and Highways, advised automakers to use ecologically friendly fuels rather than damaging fuels like diesel and petrol on this occasion. The answer for the future is flexible fuels. Biofuels are affordable. Additionally, their creation generates more jobs. As a result, it is a wise choice for emerging nations.