Aemetis’ Universal Biofuels secures 18M L biodiesel allocation from Indian OMCs
- Universal Biofuels allocated to supply more than 18 million liters of biodiesel to India’s three government-owned OMCs over a three-month period.
- The deliveries are expected to generate approximately $17 million in revenue.
- Kakinada biodiesel plant capacity expanded to about 80 million gallons per year using an enzymatic low‑carbon process.
- Additional OMC orders are anticipated before end of 2026; Universal is exploring site expansion, other renewable fuels and a potential minority IPO.
Allocation and revenue
Aemetis’ India subsidiary, Universal Biofuels, secured allocations to supply more than 18 million liters of biodiesel to India’s three government-owned Oil Marketing Companies during a three-month period, with expected revenue of approximately $17 million. Universal is also supplying distilled biodiesel to private commercial customers.
Operations and capacity
Universal has operated for over 18 years and expanded its Kakinada plant to roughly 80 million gallons per year. The facility includes an expanded proprietary enzymatic process intended to produce lower carbon‑intensity biodiesel at reduced cost and yields pharma‑grade glycerin.
Market context and outlook
Additional OMC fuel supply orders are anticipated before the end of calendar year 2026 as India pursues a biodiesel blending target rising from about 1% now to 5% by 2030. Universal is evaluating expansion to other Indian locations, diversification into dairy biogas, ethanol and SAF, and preparing for a potential IPO to sell a minority equity stake subject to market conditions.
Source: Aemetis, Inc.
