India has set a target of 20% ethanol-blending with petrol by 2023-24 and the ultimate goal is to have 100 per cent ethanol-run vehicles, Commerce and Industry Minister Piyuh Goyal said on Friday.
Govt will be rolling out a scheme on the same in the next three months: Gadkari
About 10 billion liters of ethanol will be required each year to meet the 20% ethanol-blended fuel standard by 2025, India's Oil Secretary Tarun Kapoor
This comes amid high exports for the second consecutive season and increased supplies of ethanol for blending with petrol: report
The government will bring forward to 2023 from 2025 the possibility of fuel companies selling gasoline containing up to 20% of ethanol (E20)
So far, the best ever ethanol blend with petrol has been around 5.2 per cent at all-India level.
The PM also talked about the growing share of non-fossil sources in India's installed capacity of electricity, rising to 38 per cent
The government on Thursday notified a "modified" scheme to provide financial assistance to distilleries producing first-generation ethanol from feedstocks, including cereals.
Move criticised for ignoring large-scale hunger and impeding initiatives to save ground water, though it could also help solve the problem of surplus grain lying with FCI
Making ethanol from food products can increase stress
Move will cost govt Rs 4,573 cr, is a step forward in broader plan to achieve 20 per cent blending with petrol by 2030
In a series of tweets, Shah also said approval of the proposals for industrial corridors worth Rs 7,725 crore will generate more than 2.8 lakh jobs
The union cabinet approved an interest subvention of Rs 4,573 crore for new distilleries producing ethanol
Chhattisgarh government on Tuesday signed a contract execution (MoU) for the country's first ethanol plant to be set up in the state under the public-private partnership (PPP) model
The Centre has floated tenders seeking supply of 350 crore litres of ethanol to be blended with vehicle fuel.
For the 2019-20 sugar season, government had fixed a target of producing 2.60 billion litres of ethanol.
Under the scheme, the government has extended twice the interest subvention that comes up to Rs 4,600 crore for a loan amount of Rs 22,000 crore
Apart from the reduction of imports, the 2G ethanol usage in petrol helps reduce greenhouse gas emissions and also provides additional income to farmers.
He also said there is a greater need for developing flexi sugar factories producing sugar and ethanol as per relative economics and market demand
Factories seek to improve cash flows; Maharashtra allows export of molasses