October 9, 2007 (Biofuel Review) – The Phillipines’ Department of Agriculture, has signed a Memorandum of Association (MOA) with the Indian company, Praj Industries, to promote energy crops and technology for biofuels production in Philippines. The MOA was signed during the visit of the Philippines President, H.E. Gloria Macapagal Arroyo to India this week (8th October).The Government of Philippines has mandated 5% blending of biofuels in all transport fuel sold in the country and is keen to increase the blending limits. It is also an effort to promote local feedstock including sugarcane, cassava (bioethanol), coconut palm oil (biodiesel)and new energy crops like Sweet Sorghum for bioethanol and Jatropha for biodiesel.
In a meeting with the President of Philippines, Shashank Inamdar, Managing Director and CEO, Praj, briefing the President on the role of Praj in Philippines said ” We are proud to be associated with the Philippines biofuels program. Our plant will supply the first ethanol fuel to support the Philippines biofuels program”.