Government plans to double Ethanol output, increase blending to cut oil imports
NEW DELHI: The government is planning to more than double ethanol production and increase blending of ethanol with petrol to reduce oilNSE 2.26 % imports.
It plans to enhance ethanol production capacity to 9 billion litres from 3.55 billion litres in two years, said a consumer affairs, food and public distribution ministry official. “For this, it has given in-principle approval to 362 new plants in sugar mills for adding capacity of 5.5 billion litres. This will require an investment of Rs 18,000 crore,” said the official, who did not wish to be identified.
