Govt hikes ethanol price to Rs 65.60 per litre

The government on Wednesday hiked the price of ethanol used for blending in petrol as it looked to raise the doping quantity to cut India’s reliance on imported oil.

The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi raised the price of ethanol extracted from sugarcane juice to Rs 65.60 per litre from Rs 63.45 per litre for the supply year beginning in December 2022.

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