<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">Minister of Petroleum &amp; Natural Gas Dharmendra Pradhan said that his ministry will soon introduce a new biofuel policy 2018 and cabinet will give nod for its implementation. Inaugurating a two-day bilateral conference on advanced biofuels jointly organised by European Union and India in New Delhi today, he said, in the policy-making, generation of 2G ethanol from non-sugar resource will be the key factor.&nbsp;</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">He said, the government is committed towards green energy and has stressed on Govardhan Yojna, for generation of Bio-CNG, in this year's budget.&nbsp; He said the country will witness a new economy of waste to wealth worth one lakh crore in coming years.</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">Mr Pradhan said, the government will give incentives to the companies which are converting agri-waste into energy in the NCR- Region.The conference aims at facilitating the deployment of advanced renewable fuels in the European Union and India and providing a common platform to technology developers, industry representatives and investors in value chains producing low carbon fuels for the decarbonisation of transport in European countries and India.</div>''<div class="yj6qo" style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"></div>