Aemetis India subsidiary begins biodiesel deliveries under $24M allocation

Aemetis (AMTX) announced that its Universal Biofuels subsidiary in India secured allocations of approximately $24M for the supply of more than 27 million liters of biodiesel to India’s three government-owned Oil Marketing Companies, OMCs, for the period ending March 2026. Additional OMC fuel supply orders are expected throughout the year to support the India government’s goal of increasing from a 1% biodiesel blend to a targeted 5%, as stated in the current India National Policy on Biofuels. “Universal Biofuels and other biodiesel producers look forward to continuous support from the government of India to build and expand a healthy biodiesel industry,” stated Sanjeev Duggal, CEO of Universal Biofuels.