ADB approves Rs 2.5 mn in technical help for biofuel growth in India



The Manila-based multilateral lending company Asian Development Bank (ADB) has authorised a USD 2.5 million (about Rs 18 crore) technical help to help superior biofuel growth in India. The grant shall be funded from the Asia Clean Energy Fund, financed by the Government of Japan below the Clean Energy Financing Partnership Facility, and the Republic of Korea’s e-Asia and Knowledge Partnership Fund.

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The technical help (TA) will help the event of superior bioethanol, bio-compressed pure gasoline, and biodiesel vegetation to display the perfect practices for appropriate feedstock, environment friendly conversion expertise, and sustainable biofuel worth chain.

Important takeaways for all aggressive exams:

  • President of ADB: Masatsugu Asakawa; Headquarters: Manila, Philippines.


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