Aemetis India Subsidiary Secures $24 Million Biodiesel Allocation from OMCs
BIOFUELS
Aemetis, Inc. announced that its Universal Biofuels subsidiary in India has secured approximately $24 million for supplying over 27 million liters of biodiesel to three government-owned Oil Marketing Companies, with deliveries set to continue until March 2026. This initiative supports the Indian government's goal to increase biodiesel blending from 1% to 5%. Universal Biofuels also plans to explore expansion opportunities in renewable fuels and is preparing for an Initial Public Offering on the Indian stock exchange, pending favorable market conditions.

Feb 4, 2026, 4:17 PM