Short Communication
Abstract
Biofuels are going to play an extremely important role in meeting India’s energy needs. The country's energy demand is expected to grow at an annual rate of 4.8% over the next couple of decades. Most of the energy requirements are currently satisfied by fossil fuels – coal, petroleum-based products and natural gas. Domestic production of crude oil can only fulfill 25 to 30% of national consumption. In fact, oil imports during August, 2010 were valued at US $ 7795 million which was 12.4% higher than oil imports valued at US $ 6936 million in the corresponding period last year. India was the sixth largest net importer of oil in the world, importing about 70%, of its oil needs and fourth largest consumer of oil in the world.
Key words: Biofuel, ethanol, blends, biodiesel.
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