Govt Plans to Create Carryover Stock of Ethanol for Next Year on Likely Rise in E20 Fuel Demand
(Economic Times/PTI) The government is planning to create a carry over stock of ethanol for the next year anticipating a rise in demand for E20 fuel in the country, according to a senior food ministry official. E20 fuel is a blend of 20 per cent ethanol with petrol. The government aims to achieve the 20 per cent ethanol blending target by 2025
“Ethanol blending is going well. Oil Marketing Companies (OMCs) have started dispensing E20 fuel in about 100 outlets in 31 cities in the country. We have started E20 fuel, if it goes well then the requirement will be more,” Additional Secretary in the food ministry Subodh Kumar said.
.Like sugar, the government “plans to create a carryover stock of ethanol” with OMCs and distilleries for 2023-24 ethanol year (December-November) and more sugar would be diverted for the same, he said.
The government has kept the 12 per cent ethanol blending target in the ongoing 2022-23 ethanol year, while 15 per cent for the next year.
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To meet 15 per cent blending target next year, the official said additional 150 crore litres of ethanol would be required and the government is encouraging sugar mills and distilleries to enhance production capacity. READ MORE
Centre to create ethanol carryover stock for next year as demand may go up (Business Standard)