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India to Boost Ethanol Production as Fuel Rise
USAgNet – 06/21/2021
Union minister Nitin Gadkari on Wednesday said India is going to increase the production of alternative fuel ethanol as people are facing problems due to a rise in the prices of petrol and diesel.
Addressing a conference organised by BRICS Network University, virtually, Gadkari mentioned that automobile makers are producing flex-fuel engines in Brazil, Canada and the US, providing an alternative to customers to use 100 per cent petrol or 100 per cent bio-ethanol.
“Now Indian production (of ethanol) is going to increase because of the rise in petrol prices, people are facing a lot of problems,” Gadkari said while explaining that the use of ethanol is cost effective.
Petrol prices in some parts of the country, including metro cities Mumbai and Hyderabad, have crossed Rs 100 per litre mark due to multiple fuel price hikes in the past six weeks.
Petrol retails at over Rs 100 per litre mark in seven states and union territories — Rajasthan, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka and Ladakh. Gadkari pointed out that the ethanol price will be Rs 60-62 per litre and the petrol price is more than Rs 100 per litre.
The minister pointed out that for all racing cars, all over the world, ethanol is used as fuel. Last week, Prime Minister Narendra Modi said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by five years to 2025 to cut pollution and reduce import dependence.