CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which organisation has approved a USD 2.5 million technical assistance to support advanced BioFuel development in India?
A
World Bank
B
Bank Central Asia
C
DBS
D
Asian Development Bank
Explanation: 

Detailed explanation-1: -The Manila-based multilateral lending agency Asian Development Bank (ADB) has approved a USD 2.5 million (about Rs 18 crore) technical assistance to support advanced biofuel development in India.

Detailed explanation-2: -Emami Agrotech Limited (EAL) is a leading Manufacturer of Biodiesel (B-100) in India and supply biodiesel to various Applications and Industry Sectors across the country.

Detailed explanation-3: -The Aemetis Kakinada plant is one of the largest biodiesel production facilities in India and is capable of processing a variety of vegetable oils, animal oils, and waste oil feedstocks into biodiesel that meet international product standards.

Detailed explanation-4: -BioD Energy(India) Pvt Ltd (i) M/s BioD Energy(India) Pvt Ltd. (ii) Goldpluck Private Limited.

There is 1 question to complete.