BioD Energy which was started in 2015 with the aim to convert waste into wealth. Now, plans to go big by converting used cooking oil (UCO) into biofuel thus helping the government save on foreign exchange.
Additionally, it will help the country go green and save people from health hazards.
BioD Energy has set up a biodiesel manufacturing plant in Bawal, Haryana, that will convert 100 tonnes of used cooking oil a day into biodiesel.
The idea behind this project is waste management, which will also help in reducing dependency on imported crude oil, fighting pollution, managing illegal discharge of oil into a drainage system that contaminates water and clogs the drainage system. Above all, it will check adulteration in edible oil.
BioD Energy believes that biodiesel can prove to be a game changer for the energy security of our country. It is noteworthy that India meets more than 80% of its fuel needs through imports.
The domestic crude oil production is able to meet only about 17.9% of the demand, while the rest is met from imported crude.
India is the largest consumer of vegetable oil and has a potential to recover 220 crore litre of Used Cooking Oil (UCO) for the production of biodiesel by 2022 through coordinated action.
To achieve the goal, BioD Energy India is creating a state-of-the-art collection network for used cooking oil in Delhi-NCR and will soon expand to other parts of India to source raw material.
It is working with Food Safety & Standard Authority of India (FSSAI) and Biodiesel Association of India.
Yet to be formally launched, the BioD Energy plant is one of its kind facilities in the northern part of the country.
Reference- Financial Express, BioD Energy website