{"id":420192,"date":"2021-06-14T10:31:58","date_gmt":"2021-06-14T05:01:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420192"},"modified":"2021-06-14T12:13:35","modified_gmt":"2021-06-14T06:43:35","slug":"indias-%e2%82%b950000-crore-plan-to-cut-dependence-on-foreign-oil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-%e2%82%b950000-crore-plan-to-cut-dependence-on-foreign-oil\/","title":{"rendered":"India\u2019s \u20b950,000 crore plan to cut dependence on foreign oil"},"content":{"rendered":"<p>India is set to spend almost $7 billion( \u20b950,000 crore) to boost ethanol production as it prepares to roll out a greener mix of gasoline that may cut its dependence on foreign oil.<\/p>\n<p>About 10 billion liters of ethanol will be required each year to meet the 20% ethanol-blended fuel standard by 2025, India\u2019s Oil Secretary Tarun Kapoor said in an interview with Bloomberg Television on Friday. <\/p>\n<p>That\u2019s triple the amount of ethanol that\u2019ll go into the mix as compared to the year ending November 2021, when ethanol constitutes 9% of blended gasoline, he said. The move will require about 500 billion rupees of investment to build new bio-refineries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is set to spend almost $7 billion( \u20b950,000 crore) to boost ethanol production as it prepares to roll out a greener mix of gasoline that may cut its dependence on foreign oil. About 10 billion liters of ethanol will be required each year to meet the 20% ethanol-blended fuel standard by 2025, India\u2019s Oil Secretary Tarun Kapoor said in an interview with Bloomberg Television on Friday. That\u2019s triple the amount of ethanol that\u2019ll go into the mix as compared to the year ending November 2021, when ethanol constitutes 9% of blended gasoline, he said. The move will require about [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-420192","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420192"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420192\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}