Blending of ethanol into petrol has resulted in savings of over Rs 24,300 crore of foreign exchange in the supply year 2022-23, said Union Petroleum Minister Hardeep Puri on Wednesday.
Public sector oil marketing companies (OMCs) have saved about 509 crore litres of petrol on account of ethanol blending during the ethanol supply year 2022-23, besides leading to an expeditious payment of about Rs 19,300 crore to farmers.
