Ethanol Blending
Oil cos buy 846 mln ltr ethanol Dec, achieve 18.2% blending, highest so far
This story was originally published at 14:27 IST on 17 January 2025
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MUMBAI – Oil marketing companies procured 846 million litres of ethanol in December for the ethanol supply year 2024-25 (Nov-Oct), according to the Petroleum Planning & Analysis Cell. During Nov-Dec, oil companies have bought 1.09 billion litres of ethanol, it said. In November, oil companies bought 245 million litres of the biofuel.
Ethanol blending in petrol was 18.2% in December and cumulative ethanol blending during Nov-Dec was 16.4%, according to the Petroleum Planning and Analysis Cell. Ethanol blending achieved last month is the highest till date, the report said.
Oil companies buy ethanol to blend with petrol to promote green mobility and achieve blending targets. To reduce dependence on crude oil, the government has set a target of achieving 20% blending of ethanol with petrol in 2024-25, and 20% in 2025-26 as well. To achieve the 20% blending aim, India needs about 10.16 billion litres of ethanol.
Taking the ethanol blending programme further, the government has asked NITI Aayog to prepare a roadmap for increasing ethanol blending to 25% as the government is confident of achieving the 20% blending target by 2025-26. Oil companies have started dispensing E20 petrol at more than 16,750 retail outlets across the country.
For the 2024-25 ethanol supply year, oil marketing companies received robust response as they invited bids for 9.16 billion litres of ethanol, for which distillery units offered to supply 9.70 billion litres. From November, more ethanol will come from grain-based distilleries as they have bagged higher allocation than sugarcane-based units in 2024-25. End
Reported by Taniva Singha Roy
Edited by Tanima Banerjee
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