{"id":497843,"date":"2022-06-13T09:22:03","date_gmt":"2022-06-13T03:52:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=497843"},"modified":"2022-06-13T09:47:34","modified_gmt":"2022-06-13T04:17:34","slug":"indian-oil-firms-to-compensate-ethanol-makers-for-energy-costs-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-firms-to-compensate-ethanol-makers-for-energy-costs-report\/","title":{"rendered":"Indian oil firms to compensate ethanol makers for energy costs: Report"},"content":{"rendered":"<p>NEW DELHI\/MUMBAI (Reuters) &#8211; Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production, according to a letter written by the companies to manufacturers.<\/p>\n<p>India, the world&#8217;s third biggest oil importer and consumer, has expedited efforts to double ethanol blending with gasoline to 20% from the current 10% across the country from 2025\/26.<\/p>\n<p>The Indian government fixes the ethanol purchase prices for fuel retailers &#8211; Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp &#8212; every marketing year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI\/MUMBAI (Reuters) &#8211; Indian state fuel retailers have agreed to provide monetary relief to sugar mills and other producers of ethanol to compensate for high energy costs to boost biofuel production, according to a letter written by the companies to manufacturers. India, the world&#8217;s third biggest oil importer and consumer, has expedited efforts to double ethanol blending with gasoline to 20% from the current 10% across the country from 2025\/26. The Indian government fixes the ethanol purchase prices for fuel retailers &#8211; Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp &#8212; every marketing year.<\/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":[135,130,169],"tags":[],"class_list":["post-497843","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497843","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=497843"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/497843\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=497843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=497843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=497843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}