India launched the Global Biofuels Alliance on Saturday with Prime Minister Narendra Modi urging G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent.
Industry body CII in a statement said that the Global Biofuels Alliance (GBA) will accelerate sustainable biofuel deployment and support the global energy transition.
GBA will spawn international cooperation especially among agriculturally endowed countries for furthering the goals of inclusive and green growth. India's net carbon zero goal of 2070 will also receive a fillip, it opined.