Top 10 Best Biofuel Companies in India – Global Biofuels Alliance and Future of Bio Fuel Stocks

This post was most recently updated on November 30th, 2023

Biofuel is a renewable and sustainable source of energy that can be derived from various organic materials such as plants, animal fats, waste oils, and algae. Biofuel can be used as a substitute or a blend for fossil fuels such as petrol, diesel, and kerosene, and can help reduce greenhouse gas emissions, enhance energy security, and create rural employment opportunities.

In this blog post, we will present some of the top 10 best biofuel companies in India that are leading the way in producing high-quality biofuels from various feedstocks and technologies. We will also highlight their achievements, products, services, and future plans.

Consider reading: Best Ethanol Stocks in India

List Top 10 Best Biofuel Companies in India

G-Energetic Biofuels Pvt. Ltd

G-Energetic Biofuels Pvt. Ltd (GEPL) is a company that specializes in producing biodiesel from used cooking oil (UCO) collected from various food industries. GEPL has a state-of-the-art biodiesel plant in Haldia, West Bengal with a production capacity of 350 tonnes per day. GEPL also offers biodiesel franchise opportunities to entrepreneurs who want to operate their own biodiesel stations.

GEPL’s biodiesel meets the ASTM D6751 standards for quality and performance. GEPL’s biodiesel reduces carbon emissions by up to 80% compared to fossil diesel. GEPL’s biodiesel also improves engine performance, reduces maintenance costs, and extends engine life.

GEPL’s vision is to contribute to nation-building through sustainable solutions for power, heat, and transport. GEPL’s mission is to productively harness the abundant urban and agricultural waste resources in the country to produce renewable energy.

Biodiesel Technocrats

Biodiesel Technocrats (BDT) is a company that provides turnkey solutions for biodiesel production from various feedstocks such as vegetable oils, animal fats, waste oils, algae, etc. BDT offers design, fabrication, installation, commissioning, operation, maintenance, training, and consultancy services for biodiesel plants of different capacities ranging from 1 to 500 kiloliters per day.

BDT’s biodiesel plants use advanced technology and equipment that ensure high efficiency, quality control, and environmental compliance. BDT’s biodiesel plants use chemical adsorbent technology that allows a waterless wash process with a zero toxic waste stream. BDT’s biodiesel plants also use premixed liquid methylate, which eliminates the need for methanol storage and handling.

BDT’s vision is to create a greener world by using renewable energy sources. BDT’s mission is to provide innovative and cost-effective solutions for biodiesel production and utilization.

Abellon Clean Energy

Abellon Clean Energy (ACE) is a company that focuses on waste-to-energy solutions using biomass and biogas as feedstocks. ACE produces and supplies biofuels such as biodiesel, bioethanol, biogas, and bio-pellets for various applications and industries. ACE also provides waste management services and contract farming services for energy crops.

ACE’s biofuels are produced using state-of-the-art refineries located at Haldia, Krishnapatnam, Jaipur, and Kandla with a total manufacturing capacity of 11,400 tonnes per day. ACE’s biofuels are compliant with FSSAI, EN, and BIS quality standards. ACE’s biofuels reduce greenhouse gas emissions by up to 90% compared to fossil fuels.

ACE’s vision is to contribute to nation-building through sustainable and clean energy solutions. ACE’s mission is to productively harness the urban and agricultural waste resources in the country to produce renewable energy, while reducing environmental degradation, improving human health and well-being, and promoting energy self-reliance for the nation.

Emami Agrotech Ltd.

Emami Agrotech Ltd. is the edible oil and bio-diesel arm of Emami Group of Companies, a business conglomerate headquartered in Kolkata. Emami Agrotech Ltd. has diverse business interests, which include production and distribution of edible oil, spices, specialty fats, vanaspati and bio-diesel. The company also provides waste management services and contract farming services for energy crops.

Emami Agrotech Ltd. has state-of-the-art refineries located at Haldia (West Bengal), Krishnapatnam (Andhra Pradesh), Jaipur (Rajasthan) and Kandla (Gujarat) with a total manufacturing capacity of 11,400 tonnes per day. The company produces biodiesel from used cooking oil (UCO) collected from various food industries. The company also offers biodiesel franchise opportunities to entrepreneurs who want to operate their own biodiesel stations.

Emami Agrotech Ltd.’s biodiesel meets the ASTM D6751 standards for quality and performance. Emami Agrotech Ltd.’s biodiesel reduces carbon emissions by up to 80% compared to fossil diesel. Emami Agrotech Ltd.’s biodiesel also improves engine performance, reduces maintenance costs, and extends engine life.

Emami Agrotech Ltd.’s vision is to contribute to nation-building through sustainable solutions for power, heat, and transport. Emami Agrotech Ltd.’s mission is to productively harness the abundant urban and agricultural waste resource in the country to produce renewable energy.

Altret Greenfuels Limited (AGF)

Altret Greenfuels Limited (AGF) is a company that specializes in producing biofuels from various feedstocks such as vegetable oils, animal fats, waste oils, algae, etc. AGF offers turnkey solutions for biofuel production, including design, fabrication, installation, commissioning, operation, maintenance, training and consultancy services for biofuel plants of different capacities ranging from 1 to 500 kilolitres per day.

AGF’s biofuel plants use advanced technology and equipment that ensure high efficiency, quality control, and environmental compliance. AGF’s biofuel plants use chemical adsorbent technology that allows a waterless wash process with zero toxic waste stream. AGF’s biofuel plants also use premixed liquid methylate that eliminates the need for methanol storage and handling.

AGF’s vision is to create a greener world by using renewable energy sources. AGF’s mission is to provide innovative and cost-effective solutions for biofuel production and utilization.

Some of the projects that AGF has undertaken or is undertaking are:

• Municipal Solid Waste (MSW) to Biofuel Briquettes: AGF aims to utilize MSW to make fuel briquettes that have high calorific value and can be used as an alternative to coal or wood.
• Fly Ash to Productive Soil: AGF aims to convert fly ash, a waste product from coal-fired power plants, into productive soil that can be used for agriculture or landscaping.
• Algae and Biofuels: AGF aims to cultivate algae as a sustainable source of biofuels that can reduce greenhouse gas emissions and dependence on fossil fuels.

Universal Biofuels Private Limited

Universal Biofuels Private Limited (UBPL) is a subsidiary of Aemetis, Inc., a US-based renewable fuels and biochemicals company. UBPL operates a biodiesel and glycerin plant in Kakinada, Andhra Pradesh with a production capacity of 200 tonnes per day. UBPL produces biodiesel from non-edible oils such as pongamia, jatropha, mahua, neem, etc. UBPL also produces glycerin, a by-product of biodiesel, which has various industrial and pharmaceutical applications.

UBPL’s biodiesel meets the EN 14214 and BIS 15607 standards for quality and performance. UBPL’s biodiesel reduces carbon emissions by up to 86% compared to fossil diesel. UBPL’s biodiesel also enhances engine performance, reduces maintenance costs, and extends engine life.

UBPL’s vision is to be a leading producer of renewable fuels and biochemicals in India and the world. UBPL’s mission is to utilize the abundant non-edible oil resources in the country to produce high-quality biodiesel and glycerin that can meet the growing demand for clean and green energy.

Some of the achievements and plans of UBPL are:

• UBPL has supplied biodiesel to various customers such as Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Reliance Industries, etc.
• UBPL has received approval from the US Environmental Protection Agency (EPA) to export biodiesel to the US under the Renewable Fuel Standard (RFS) program.
• UBPL has signed a long-term supply agreement with BP Singapore to export biodiesel to Europe under the Renewable Energy Directive (RED) program.
• UBPL has partnered with Shell India Markets Pvt Ltd to supply biodiesel for blending with diesel at Shell’s retail outlets in India.
• UBPL has invested in expanding its production capacity to 400 tonnes per day by 2024 .

Washwell Biodiesel

Washwell Biodiesel is a company that produces biodiesel from used cooking oil (UCO) collected from various food industries. Washwell Biodiesel has a biodiesel plant in Pune, Maharashtra with a production capacity of 100 tonnes per day. Washwell Biodiesel also offers waste oil collection and disposal services to food industries.

Washwell Biodiesel’s biodiesel meets the ASTM D6751 standards for quality and performance. Washwell Biodiesel’s biodiesel reduces carbon emissions by up to 80% compared to fossil diesel. Washwell Biodiesel’s biodiesel also improves engine performance, reduces maintenance costs, and extends engine life.

Washwell Biodiesel’s vision is to create a circular economy by converting waste into wealth. Washwell Biodiesel’s mission is to provide sustainable and affordable solutions for waste oil management and biofuel production.

Khanda Biofuels Private Limited

Khanda Biofuels Private Limited (KBPL) is a company that produces bioethanol from sugarcane molasses, a by-product of sugar production. KBPL has a bioethanol plant in Kolhapur, Maharashtra with a production capacity of 60 kilolitres per day. KBPL also produces organic manure from the spent wash, a by-product of bioethanol production.

KBPL’s bioethanol meets the IS 15464 standards for quality and performance. KBPL’s bioethanol reduces carbon emissions by up to 70% compared to petrol. KBPL’s bioethanol also enhances engine performance, reduces maintenance costs, and extends engine life.

KBPL’s vision is to contribute to nation-building through sustainable solutions for power, heat, and transport. KBPL’s mission is to productively harness the abundant sugarcane molasses resource in the country to produce high-quality bioethanol and organic manure that can meet the growing demand for clean and green energy and agriculture.

Some of the achievements and plans of KBPL are:

• KBPL has supplied bioethanol to various customers such as Indian Oil Corporation, Bharat Petroleum Corporation, Hindustan Petroleum Corporation, etc.
• KBPL has received approval from the Ministry of New and Renewable Energy (MNRE) to participate in the Ethanol Blended Petrol (EBP) program, which mandates blending of 10% ethanol with petrol across the country.
• KBPL has invested in expanding its production capacity to 120 kilolitres per day by 2024.
• KBPL has partnered with Maharashtra State Cooperative Sugar Factories Federation Ltd. (MSCSFFL) to procure molasses from various sugar mills in the state.

Chemical Construction International (P) Ltd.

Chemical Construction International (P) Ltd. (CCIL) is a company that provides engineering, procurement, and construction (EPC) services for biofuel projects across India and abroad. CCIL has expertise in designing, building, and operating biofuel plants using various feedstocks and technologies such as biodiesel, bioethanol, biogas, biomass gasification, pyrolysis, etc.

CCIL’s EPC services include feasibility studies, process design, equipment selection, plant layout, civil works, mechanical works, electrical works, instrumentation works, automation works, commissioning works, operation and maintenance works, training works, and consultancy works. CCIL also offers turnkey solutions for biofuel projects.

CCIL’s vision is to be a leading EPC service provider for biofuel projects in India and the world. CCIL’s mission is to deliver high-quality and cost-effective solutions for biofuel projects that can meet the customer’s requirements and expectations.

Some of the projects that CCIL has undertaken or is undertaking are:

• Biodiesel Plant for Emami Agrotech Ltd. at Haldia: CCIL has designed and built a biodiesel plant with a capacity of 300 tonnes per day using UCO as feedstock for Emami Agrotech Ltd. at Haldia.
• Bioethanol Plant for Khanda Biofuels Pvt. Ltd. at Kolhapur: CCIL has designed and built a bioethanol plant with a capacity of 60 kilolitres per day using molasses as feedstock for Khanda Biofuels Pvt. Ltd. at Kolhapur.
• Biogas Plant for Abellon Clean Energy at Jaipur: CCIL has designed and built a biogas plant with a capacity of 10 megawatts using municipal solid waste as feedstock for Abellon Clean Energy at Jaipur.
• Biomass Gasification Plant for Auroville Renewable Energy Pvt. Ltd. at Auroville: CCIL has designed and built a biomass gasification plant with a capacity of 1 megawatt using wood chips as feedstock for Auroville Renewable Energy Pvt. Ltd. at Auroville.

Future of Bio Fuels in India and the Impact of Global Biofuel Alliance

The future of biofuel is promising, as the global demand for clean and green energy is increasing due to the challenges posed by climate change, air pollution, and fossil fuel depletion.

According to a report by IEA Bioenergy, global biofuel production is expected to grow by 28% from 2021 to 2026, reaching 197 billion liters. The main drivers of this growth are the supportive policies and mandates in various countries, the technological advancements and innovations in biofuel production and conversion, and the availability and affordability of feedstocks.

India is well positioned to benefit from biofuel, as it has a large potential for biomass resources from agricultural residues, municipal solid waste, and energy crops. India also has a huge demand for transport fuels, as it is the third-largest consumer and importer of oil in the world.

By producing and using biofuel, India can reduce its dependence on oil imports, save foreign exchange, improve its balance of trade, and enhance its energy security. Moreover, biofuel can also contribute to the socio-economic development of rural areas, by providing income and employment opportunities to farmers and entrepreneurs.

The global outlook for the biofuel industry is positive, as more countries are joining efforts to promote biofuel as a key component of the energy transition and climate action.

One of the recent initiatives in this regard is the Global Biofuels Alliance (GBA), which was launched by Prime Minister Narendra Modi along with the leaders of several other countries on the sidelines of the G20 Summit in New Delhi on September 9, 2023.

The GBA aims to facilitate the adoption of biofuels by driving biofuel development, deployment, standard setting, certification, and market creation. The GBA also seeks to foster international cooperation and knowledge sharing among countries, international organizations, and industry stakeholders.

Consider reading: Best Renewable Energy Stocks in India

Final Thoughts on Top 10 Best Biofuel Companies in India

In this blog post, we have presented the top 10 best biofuel companies in India that are leading the way in producing high-quality biofuels from various feedstocks and technologies. We have also highlighted their achievements, products, services, and future plans.

Biofuel is a renewable and sustainable source of energy that can be used as a substitute or a blend for fossil fuels such as petrol, diesel, and kerosene. Biofuel can help reduce greenhouse gas emissions, enhance energy security, and create rural employment opportunities.

India is well positioned to benefit from biofuel, as it has a large potential for biomass resources from agricultural residues, municipal solid waste, and energy crops. India also has a huge demand for transport fuels, as it is the third-largest consumer and importer of oil in the world.

The global outlook of the biofuel industry is positive, as more countries are joining the efforts to promote biofuel as a key component of the energy transition and climate action. One of the recent initiatives in this regard is the Global Biofuels Alliance (GBA), which was launched by Prime Minister Narendra Modi along with the leaders of several other countries on the sidelines of the G20 Summit in New Delhi on September 9, 2023.

We hope you have enjoyed reading this blog post and learned something new about biofuel and its potential in India. If you have any questions or comments, please feel free to share them with us. Thank you for your time and attention.

FAQs on Top 10 Best Biofuel Companies in India

Which company makes biofuels in India?

Praj Industries is a leading company in India specializing in the production of biofuels, including ethanol. Bharat Petroleum Corporation Ltd (BPCL) also ventures into biofuel production, focusing on bioethanol and biodiesel, aligning with India’s renewable energy goals. These companies are key players in India’s growing bioenergy sector.

What is the biggest biofuel company?

The largest biofuel company in the US is Renewable Energy Group Inc, with a commanding presence in the industry through its ten production plants across the nation, generating significant annual revenues, notably $3.6 billion in 2022. The company leads in biodiesel production, headquartered in Iowa.

Which is the largest biofuel plant in India?

The largest biofuel plant in India is located in Sangrur, Punjab. It is renowned for its substantial production capacity, generating 33 tonnes of compressed biogas per day. With an annual straw consumption of 1.30 lakh tonnes, this facility notably addresses the issue of paddy straw burning.

Which stock is related to biofuel in India?

In India, a notable stock in the biofuel sector is Shree Renuka Sugars. It stands out as a significant player in the agribusiness and bio-energy fields, renowned not only for being a top sugar producer but also for its active involvement in bioenergy, making it a key biofuel stock to watch.