Petrol not blended with ethanol will get expensive from October, pushing private fuel retailers to sell blended fuel and help boost ethanol consumption.
“Blending of fuel is a priority of this Government. To encourage the efforts for blending of fuel, unblended fuel shall attract an additional differential excise duty of Rs 2/ litre from the 1st day of October 2022,” Finance Minister Nirmala Sitharaman said in her budget speech.
