India has managed to save precious foreign exchange outgo worth Rs 9,580 crore in the last one year thanks to the use of Ethanol Blended Petrol (EBP) in transport.
Under the EBP programme, Oil Marketing Companies (OMCs) sell 10 per cent ethanol-blended petrol or E10. Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) sold 3,672 crore litres of EBP between 1 December 2020 and 14 November 2021.
