New Delhi (NVI): In order to encourage production of biodiesel from Used Cooking Oil (UCO), Oil Marketing Companies have floated Expression of Interest on August 10, for supply of biodiesel produced from UCO at 100 locations across the country, Lok Sabha was informed today.
The ex-factory UCO based biodiesel price has been fixed for three years.
The price for the first year has been fixed at Rs 51 per litre, for the second year at Rs 52.7 per litre and for the third year at Rs 54.5 per litre. GST and transportation shall be payable in addition to this price.
This has been extended on October 10 to 200 locations, Union Minister for Petroleum and Natural Gas Dharmendra Pradhan said in a written reply.
Food Safety and Standards Authority of India (FSSAI) has informed that the Repurpose Used Cooking Oil (RUCO) sticker and phone app were launched on August 10, on the occasion of World Biofuel Day.
The sticker is for display by RUCO compliant Food Business Operators (FBOs) and Food Service establishments outside their premises for creating awareness and generating demand.
-sb
