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Friday, May 24, 2024
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Oil marketing companies revised transportation rates of Ethanol to facilitate large scale Ethanol blending with petrol

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Oil marketing companies have revised the transportation rates of Ethanol to facilitate large scale Ethanol blending with petrol in states far from ethanol producing states. State-run oil marketing companies– Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation– are required to blend Ethanol with petrol under the National Policy on Biofuels 2018 Ethanol Blended Program (EBP).

Blending petrol with more of home-grown ethanol can reduce India’s oil import bill by 4 billion US dollars a year. The central government has fixed a target to blend petrol with ethanol up to 20 percent by 2023. The Ministry of Road Transport and Highways on June 28 issued a draft notification to facilitate manufacture of automobiles designed to run on petrol blended with ethanol to the extent of 12 percent and 15 percent.

Aabkari Times Editorial Teamhttps://aabkaritimes.com
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

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