20 per cent ethanol-blending with petrol by 2023-24: Piyush Goyal

India has set a target of 20 per cent ethanol-blending with petrol by 2023-24 and the ultimate goal is to have 100 per cent ethanol-run vehicles, Commerce and Industry Minister Piyush Goyal said on Friday. He said battery technologies are going to be very important for sustainability mission and for renewable energy to progress more and for that the country is investing heavily on batteries now.

“By 2023-24, India is going to be 20 per cent blending ethanol in our petrol products. Our ultimate target is to also have vehicles which can take up to 100 per cent ethanol,” he said at CII’s Aatmanirbhar Bharat Conference and Exhibition-Self Reliance in RE (renewable energy) Manufacturing.