Zimbabwe: Govt Liberalises Ethanol Production
The current inadequate supplies of ethanol from Green Fuel last week forced Government to revise downwards the mandatory blending level of unleaded petrol with ethanol to 5 percent from 15 percent.
In an interview with The Herald Business on Monday, Energy and Power Development Minister Dr Samuel Undenge said Cabinet had agreed that there must be more players in the production of bio-fuels.
However, the Chisumbanje-based company has allegedly encountered ethanol supply challenges, compelling Government to engage Triangle Limited, a subsidiary of South Africa-based Tongaat Hulett to augment supplies.
Sources in the fuel industry told The Herald Business that Government is currently getting ethanol supplies from Triangle after Green Fuel failed to meet ethanol demand due to incessant rains. Hippo Valley Estates Limited has ethanol production capacity of 41 million litres per month and has since applied for a licence to supply the local market. Minister Undenge said an unnamed investor has also shown interest in setting up bio-fuels plant in Mashonaland Central. READ MORE