India to achieve 20 percent ethanol blending in petrol by 2025

The four pillars of India’s energy security strategy include supply diversification, increased exploration and production, alternative energy sources, and energy transition via a gas-based economy, green hydrogen, etc.
India has managed to survive the oil crisis, the most severe energy crisis the world has experienced since 1973. Thanks to its four-pronged energy security plan, which includes diversification of energy supplies, expanding India’s exploration and production footprint, and addressing the energy transition through a gas-based economy, green hydrogen, and EVs. India has grown the number of its crude oil suppliers from 27 countries in 2006–07 to 39 in 2021–22 by adding new suppliers like Columbia, Russia, Libya, Gabon, Equatorial Guinea, etc., along with increasing relationships with nations like the US and Russia.
Hardeep Singh Puri, Minister of Petroleum and Natural gas says, “Diesel prices, which in India between December 2021 and December 2022 rose by only 3 percent, went up by 34 percent in the USA, 36 percent in Canada, 25 percent in Spain and 10 percent in the UK. There was a massive impact due to the Central excise cuts announced by the Hon’ble Prime Minister in May 2022 and November 2021, amounting to ₹13 per liter of petrol and ₹15 per liter on diesel cumulatively, along with significant VAT rate cuts by many Indian states. Govt. of India intends to increase India’s exploration acreage to 0.5 million sq. km. by 2025 and 1.0 million sq. km. by 2030. The Govt. has been successful in reducing the ‘No Go’ area by 99 percent, opening .91 million sq. km. of acreage; we have also established the National Data Repository (NDR) and plans are afoot for a cloud-based and AI/ML-powered National Data NDR 2.0.”

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