Cabinet okays mechanism for ethanol procurement by public oil companies
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved a mechanism for procurement of ethanol by public sector Oil Marketing Companies (OMCs) under Ethanol Blended Petrol (EBP) programme.
The CCEA has approved higher ethanol price derived from different sugarcane-based raw materials under the EBP programme for the forthcoming sugar season 2022-23 during ESY 2022-23 from December 1, 2022, to October 31, 2023.
“The price of ethanol from C heavy molasses route be increased from Rs.46.66 per litre to Rs 49.41 per litre, the price of ethanol from B heavy molasses route be increased from Rs.59.08 per litre to Rs.60.73 per litre,
