Union Minister Hardeep Puri assures industry of stability in ethanol prices: ANI
Puri said that ethanol blending percentage has increased from 1.53% in 2014 to 15% in 2024.
The Union Minister for Petroleum and Natural Gas, Hardeep Puri, assured industry of stability in the prices of ethanol, ANI.
Talking at the IFGE's India Bio Energy and Tech Expo in New Delhi, Puri said that the government was committed to furthering alternative fuels such as ethanol, for future automobiles, ANI noted.
It further stated that the government had established second generation refineries to make ethanol from stubble in Haryana and bamboo in Assam.
Puri said that ethanol blending percentage has increased from 1.53% in 2014 to 15% in 2024.
"We advanced the 20% target by five years to be completed by ethanol blending year for 2025, which will be by October 2025. We are on track to achieve that."
RELATED ARTICLES
Bharat Forge Plans Up to ₹2,500-Crore Fund Raise to Back Capacity Expansion
Funds will support investments across large engines, power generation, semiconductors and aerospace, besides new facilit...
MoRTH Orders Mechanized Covers on All Tippers
Ministry makes powered load-body covers mandatory, in effect from April 1, 2027.
Ashok Leyland Raises Rs 300 Crore via NCD Issue
Commercial vehicle major secures debt capital through private placement.


03 Sep 2024
6018 Views

Shahkar Abidi
Autocar Professional Bureau