Context: Recently, the Union Cabinet approved the extended Pradhan Mantri JI-VAN Yojana to boost advanced biofuel projects.
Pradhan Mantri JI-VAN Yojana
- Objective: This Yojana aims to provide financial support for Integrated Bioethanol Projects utilizing lignocellulosic biomass and other renewable feedstocks.
- Implementation Agency: The Centre for High Technology (CHT), a technical body under the Ministry of Petroleum and Natural Gas (MoP&NG), will oversee the scheme’s implementation.
- Project Scope: The Yojana plans to establish 12 commercial-scale Second Generation (2G) Bioethanol projects and 10 demonstration-scale 2G Bioethanol projects using non-food biomass feedstocks and other renewable resources.
- Features:
o Remunerative Income for Farmers
o Environmental Pollution Mitigation
o Local Employment Opportunities
o Energy Security and Self-Reliance
o Net-Zero GHG Emissions by 2070
o Ethanol Blending Program (EBP) through commercially viable 2G Ethanol projects
- Viability Gap Funding (VGF):
o Phase-I (2018-19 to 2022-23): Support for six commercial projects and five demonstration projects.
o Phase-II (2020-21 to 2023-24): Support for the remaining six commercial projects and five demonstration projects.
Recent Changes
- Implementation Extension: The scheme's implementation period has been extended by five years, now running through 2028-29.
- Scope Expansion: The revamped Yojana now includes advanced biofuels from lignocellulosic feedstocks, covering agricultural and forestry residues, industrial waste, synthesis gas (syngas), and algae.
- Eligibility for Existing Plants: Both ‘bolt-on’ plants (which upgrade existing facilities) and ‘brownfield projects’ (revamping existing facilities) are now eligible, encouraging existing players to improve the viability of their operations.