India achieved target of 10% ethanol blending ahead of schedule, says PM Modi

On occasion of India's Independence Day celebrations, Prime Minister Narendra Modi declared that India, the world's third biggest oil importing and consuming nation, has attained the goal of 10 per cent ethanol blending ahead of schedule.

Ethanol is basically ethyl alcohol that is made from molasses, grains and farm waste. (Representational image) (REUTERS)
Ethanol is basically ethyl alcohol that is made from molasses, grains and farm waste. (Representational image)

The aim to supply petrol mixed with 10 per cent ethanol was achieved in June ahead of the schedule of November 2022. This early success encouraged the government and due to this, it moved the target of making petrol with 20 per cent ethanol to 2025. According to a PTI report, the Prime Minister last week said that the blending of ethanol in petrol has resulted in saving 50,000 crore of foreign exchange along with a reduction in carbon emissions. This move also gave farmers an alternate source of income as ethanol is made from sugarcane extract, grains and farm wastes.

Also Read : India to begin supplying petrol with 20% ethanol blending from April next year )

Modi stated on being a more self-sufficient country by achieving energy independence. “From solar energy to Mission Hydrogen to adoption to EVs, we need to take these initiatives to the next level for energy independence," he was quoted as in the report.

Also check these Vehicles

Find more Cars
Benling India Benling Kriti (HT Auto photo)
₹ 56,940 - 66,121**Ex-showroom price
Add to compare
Check latest offers
Benling India Benling Aura (HT Auto photo)
₹73,000**Ex-showroom price
Add to compare
Benling India Benling Falcon (HT Auto photo)
₹ 62,200 - 71,248**Ex-showroom price
Add to compare
Check latest offers
Hcd India Nps Cargo (HT Auto photo)
₹ 54,500 - 58,500**Ex-showroom price
Add to compare
Check latest offers
Hero Splendor Plus (HT Auto photo)
₹ 75,141 - 76,486**Ex-showroom price
Add to compare
Check latest offers
Yamaha Mt-15 (HT Auto photo)
₹ 1.67 - 1.73 Lakhs* *Ex-showroom price
Add to compare
Check latest offers

Also Read : ‘Half the cost of petrol’:Nitin Gadkari outlines benefits of ethanol fuel )

India is the fifth largest manufacturer of ethanol following the US, Brazil, EU and China. Though ethanol is widely used for consumption, nations like Brazil and India also mix it in petrol. With the next milestone that is to attain 20 per cent ethanol blending in petrol, it is being estimated that when this is achieved, India will save an estimated $4 billion annually. According to the oil ministry, two million tonnes of crude oil have been substituted due to the blending of ethanol in petrol during the first three and half months of the current fiscal year that began in April.

First Published Date: 15 Aug 2022, 11:33 AM IST
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
75% OFF
IDELLA Car Duster, Extendable Long Handle Microfiber Car Duster Exterior Scratch Free Car Cleaning Tool, Car Dust Brush for Truck, Pickup, SUV, RV, Motorcycle, Vehicles Cleaning,(Multicolor)
Rs. 227 Rs. 899
64% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 699 Rs. 1,939
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.