PROMOTING BIOFUELS FOR SUSTAINABLE ENERGY SUPPLY
Outlook Business|May 2024
Biofuels offer a viable solution to reducing dependence on imported fossil fuel while providing cleaner energy, states Kishan Karunakaran, CEO of Buyofuel. In an interview he speaks about how agro-waste and even plastics and tyres can be utilised for producing biofuels, thus supporting a circular economy.
PROMOTING BIOFUELS FOR SUSTAINABLE ENERGY SUPPLY

How important is it to integrate biofuels into the current energy mix, and where has India reached in this endeavour?

It is extremely important for three reasons. First because India is a large consumer of fuels, importing more than 80% of its requirement, and a large emitter of greenhouse gas (GHS) and carbon di oxide emissions. India also has the unique potential of being one of the largest producers of waste and waste management is another major issue that the country needs to tackle. For all the above reasons, India needs to integrate biofuels in its energy mix because it is essentially a waste to fuel activity as we at Buyofuel define it. That being the definition of biofuels from any waste of human activity, it is very critical that we reduce our carbon dioxide emissions, move towards our net zero goals, and decrease our dependence on imported fuel.

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