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Cabinet approves mechanism for ethanol procurement by public sector oil marketing companies under Ethanol Blended Petrol programme

News Desk by News Desk
3 November, 2022
in News
NPIC 202211373959

Cabinet approves mechanism for ethanol procurement by public sector oil marketing companies under Ethanol Blended Petrol programme

PIB

The Cabinet Committee on Economic Affairs, CCEA  yesterday approved mechanism for ethanol procurement by public sector oil marketing companies under Ethanol Blended Petrol programme. It approved higher Ethanol price derived from diffrent sugarcane based raw materials under the programme for the forthcoming sugar season.Briefing the media in New Delhi, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri informed that the government has advanced the target for 20 per cent ethanol blending in petrol by Five years to 2025. The target was previously to be met by 2030. He said the target of 10 per cent ethanol blending has already been achieved in May this year. 

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Tags: approvesBlendedCabinetCabinet Committee on Economic AffairscompaniesethanolIndiaMarketingmechanismoilPetrolProcurementProgrammepublicsector
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