India is on its way to achieve its target of blending 20% of petrol with ethanol by 2025-26, going by the milestones on blending percentages crossed so far and the increase in ethanol production capacity. Status of ethanol production capacity Twenty per cent by 2025-26 would mean producing some 1,000 crore litres of ethanol for blending with petrol. The roadmap …
Uttar Pradesh has emerged as the largest ethanol-producing state in the country. A total of 58 crore litres of ethanol was produced by 54 distilleries established across the state. According to the government spokesman, the state has manufactured 58 crore litres of ethanol, a solvent that is essentially mixed with petrol for environmental purposes, in the year 2020-21. By mixing …
Sugar mills, oil marketing companies and banks are willing to enter into an agreement to create an escrow account for payment of ethanol procurement, a move that will enable sugar factories to avail soft loans for setting up distilleries, the food ministry said on Saturday. Banks could now consider giving loans to even those sugar mills that have weak balance …