Govt Extends Pradhan Mantri JI-VAN Yojana to 2029

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved modifications to the Pradhan Mantri JI-VAN Yojana, extending its implementation timeline by five years to 2028-29. The revised scheme now includes advanced biofuels produced from lignocellulosic feedstocks like agricultural and forestry residues, industrial waste, synthesis gas, and algae. The scheme also opens eligibility to “bolt-on” plants and “brownfield projects.” The modified scheme prioritizes new technologies and innovations to promote a diverse range of feedstocks. It aims to provide income to farmers for agricultural residue, address environmental pollution, create local employment, and strengthen India’s energy security. The initiative also supports advanced biofuel technologies, aligning with the Make in India Mission and India’s net-zero emissions target by 2070.

The Pradhan Mantri JI-VAN Yojana represents the government’s commitment to building a sustainable and self-sustaining energy sector. The Ethanol Blended Gasoline (EBP) program has seen an increase in ethanol composition from 1.53% in 2013-2014 to over 15% by July 2024. The government to increase this mix to 20 per cent by 2025-26, will require significant investment. climbing. In the energy sector, the plan continues to focus on the development of second generation (2G) ethanol from agricultural waste and other sources, and several projects are nearing completion.

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