Buyofuel has India’s largest purchaser base of biofuels and wastes with a shopping for capability of about 600000 MT/ month and Buyofuel additionally has India’s highest vendor base of biofuels and wastes with a promoting capability of greater than 200000 MT/ month.
By making biofuel accessible and connecting uncooked supplies aggregators, producers, shoppers and waste supplies in an all-in-one app, Buyofuel is empowering the biofuel trade with its on-line inexperienced gasoline market. Taking a leap in direction of a sustainable future, the corporate is envisioning to create a platform for buying and selling of biofuel-based commodities in a fast, accessible and secured method with verified consumers and sellers. With the aim of making certain accessibility to biofuels in addition to enabling a round financial system and emission-free setting, Buyofuel is efficiently bringing sustainability into impact.
Based on the Govt. of India’s goal to substitute simply 20% of India’s gasoline consumption with biofuels, the biofuels market in India is $47 Bn., and India’s wastes for gasoline is $21 Bn. Buyofuel has India’s largest purchaser base of biofuels and wastes with a shopping for capability of about 600000 MT/ month and Buyofuel additionally has India’s highest vendor base of biofuels and wastes with a promoting capability of greater than 200000 MT/ month.
Earlier consumers of biofuels and wastes did not have easy accessibility to a lot of the consumers and therefore stored shopping for from the identical few sellers at increased than market costs the place there was no transparency of pricing, high quality or transaction. The Biofuel sector was very unorganized, which stored a lot of the consumers and sellers in darkness. Buyofuel has enabled the consumers to find extra sellers and vice-versa simply. The Buyers and sellers get high quality assured biofuels with full transparency within the transactions proper from sending enquiry to putting order to execution of order to doorstep supply of the biofuel.
“In order to achieve a pollution-free environment and a sustainable future through clean energy, industries require support in smooth and successful transition from fossil fuels to biofuels. An accessible online marketplace backed by technology will not just accelerate the transition but will also catapult India’s progress towards net-zero emission. Also, a fast switch to biofuel consumption by making it more accessible can strengthen India’s commitment towards the Sustainable Development Goals of the United Nations of providing affordable, reliable, sustainable, and clean energy to all,” mentioned Kishan Karunakaran, CEO – Buyofuel.
The firm is enabling a decentralized biofuel industrial connectivity and making biofuel extra inexpensive and accessible for the companies. By growing an environment friendly on-line market for all biofuel-based commodities on a single platform with verified consumers and sellers, it’s eradicating the present boundaries. Furthermore, it is usually constructing connections within the inexperienced gasoline group with the facility of know-how. Also, the businesses and industries hesitating to decide on biofuels as a supply of power will now get linked to a market of shoppers, making their enterprise run easily and efficiently.
The on-line platform can be bringing all vital position gamers below the identical roof and making certain transparency, high quality, and consistency with credit score help in a seamless buy expertise. It is working to encourage the consumption of biofuels not just for environmental issues but in addition for the hundreds of people that contribute to India’s agrarian financial system.
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