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The two major sugar producing nations in the world can play an important role in ethanol trade at the global level
"India has increased the ethanol blending in petrol from 1.53 per cent in 2013-14 to 10.17 per cent in July 2022," an official statement quoted Puri as saying
Says India will contribute 25% to global ethanol demand by 2040
At 11:47 AM; Ponni Sugars (Erode) traded 7.5 per cent higher at Rs 462.65, as against 0.45 per cent decline in the S&P BSE Sensex
'Ethanol industry showed confidence to supply sufficient ethanol to meet the targets'
Car market leader Maruti Suzuki India (MSI) on Monday sought correct accounting of greenhouse gas emission benefits of ethanol blended fuel under the Corporate Average Fuel Economy (CAFE) norms. The second phase of CAFE norms came into effect from April this year. The regulation first came into force in India from April 1, 2017. It is aimed at lowering fuel consumption of vehicles by reducing their CO2 emissions, mandating the average corporate CO2 emission to be less than 130 gm/km by 2022, applicable to all petrol, diesel, LPG and CNG fuelled vehicles. Under CAFE II regulations, the average corporate CO2 emission must be less than 113 gm/km. The corporate average in CAFE refers to the sales-volume weighted average for every automobile manufacturer. To promote ethanol and flex-fuel, SIAM has made some specific policy enablers requests to the road transport and highways ministry, Maruti Suzuki India MD and CEO Hisashi Takeuchi said at a SIAM event here. "One of our key requests is
The government has been implementing EBP, where OMCs sell petrol blended with ethanol up to 10 per cent
Both countries are also working on an alliance in biofuels and bio energy
India's ethanol blending in petrol has increased to 10.16 per cent in 2022
Prime Minister Narendra Modi on Wednesday said the country saved Rs 50,000 crore in foreign exchange by blending ethanol with petrol in the last seven-eight years.
India has expanded the excise duty exemption for biofuels to encourage the blending of higher proportions of ethanol and components of vegetable oil with gasoline and diesel, a government order said.
India's target to have 20% ethanol blended in petrol will have to bring more land under cultivation of raw material, and that may affect food security. Yet, emissions will not reduce drastically
Under the schemes, the timeline for disbursement of loan for ethanol projects is up to March/April, 2022
Blending crossed 8.93% on Feb 16; trade sources say to achieve the 10% mark, 4.37 bn litres of ethanol are required of which 4.20 bn litres have already been offered via tenders and finalised by OMC
Will a mug of ethanol mixed with petrol count as blended, will 5 per cent constitute a blend, or will the government publish a rule book?
This will be a big jump from 8.1 per cent blending seen in last season
India has achieved 9 per cent ethanol blending in petrol and is confident of meeting the 20 per cent target by 2025, Oil Minister Hardeep Singh Puri said on Thursday.
The program was designed to mandate certain volumes of renewable fuels to replace or reduce petroleum-based fuels
But sugar firms say proposed investments in ethanol blending programme could suffer as OMCs have been creating hurdles lately, preferring maize over sugarcane and rice as feedstock
India's plans to blend 20% ethanol with petrol from April 2023 will help cut sugar export subsidies, Oil Secretary Tarun Kapoor told reporters on Thursday