The government increases ethanol blending in petrol from 1.53% in 2013-14 to 10.17 per cent in 2022 and advanced its target to achieve 20 per cent ethanol blending in petrol from 2030 to 2025-26
The government has been implementing EBP, where OMCs sell petrol blended with ethanol up to 10 per cent
UP govt is trying to integrate the sugarcane crop with lucrative ethanol value chain in order to provide fair prices to the farmers and protect the sector from the cyclical nature of the sugar market
The government's ambitious aim to double the blending target could face challenges from two of the three sources: Grain-based and biomass-based
The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.
Prime Minister Narendra Modi on Thursday said that ethanol blending with petrol, which was 40 crore litres before 2014, has now gone up to 400 crore litres now. The blending of ethanol with petrol has also increased the income of farmers, he said addressing a large gathering after inaugurating various projects of the Sabar Dairy near Himmatnagar town in Sabarkantha district of north Gujarat. The Sabar Dairy is a part of Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which makes and markets a whole range of dairy and milk products under the Amul brand. Modi said sustained efforts by his government, since it came to power in 2014, to increase the income of farmers during the last eight years are now showing results. The government's decision to mix ethanol with petrol has helped farmers increase their income as ethanol is derived from farm produce like sugarcane and maize, he said. "Today, the ratio of ethanol blending with petrol is over 10 per cent. Ethanol comes from
Fitch Solutions said on that India's ethanol consumption will increase over the next few years, driven primarily by the government's desire to support the sugar sector by boosting ethanol production
This comes amid high exports for the second consecutive season and increased supplies of ethanol for blending with petrol: report
Lack of ethanol production capacity is the main hurdle in achieving the target. Brazil, the world's leading sugar producer, is a pioneer in ethanol blending with petrol and achieved more than 25%
According to the new rules, the price of ethanol derived from C heavy molasses has been increased from Rs 43.46 a litre to Rs 43.75 per litre
The decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi here
Farm groups say nothing new in the announcements and all schemes are existing