The Union Minister for Petroleum and Natural Gas Shri Dharmendra Pradhan said in Lok Sabha that in order to encourage production of biodiesel from Used Cooking Oil (UCO), Oil Marketing Companies have floated Expression of Interest on 10.08.2019, for supply of biodiesel produced from UCO at 100 locations across the country.
The ex-factory UCO based biodiesel price has been fixed for three years. The price for the first year has been fixed atRs 51/litre, for the second year at Rs 52.7/litre and for the third year at Rs 54.5/litre.
GST and transportation shall be payable in addition to this price. This has been extended on 10.10.2019 to 200 locations.
Food Safety and Standards Authority of India (FSSAI) has informed that the Repurpose Used Cooking Oil (RUCO) sticker and phone app were launched on 10.08.2019, 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.
