5 per cent ethanol will be blended with petrol from December
By EPR Magazine Editorial December 19, 2012 4:04 pm IST
By EPR Magazine Editorial December 19, 2012 4:04 pm IST
5 per cent ethanol will be blended with petrol from December
In 2009, the Cabinet Committee on Economic Affairs (CCEA) had decided to mix 5 per cent ethanol in petrol but it could not be implemented due to opposition by some sections in the chemical and petroleum sectors. In a new development, CCEA has approved the issue of pricing for bio-ethanol procurement by Oil Marketing Companies (OMCs). The new development is a positive step towards saving around 100 crore litres of fuel every year.
“The 5 per cent mandatory ethanol blending with petrol should be implemented across the country, for which the Ministry of Petroleum & Natural Gas will immediately issue a gazette notification, for the OMCs to implement from the 2012-13 sugar season, effective from 1st December, 2012,” an official release said.
It also explained, “Procurement price of ethanol will be decided henceforth between OMCs and suppliers of ethanol. In case of any shortfall in domestic supply, the OMCs and chemical companies are free to import ethanol.”
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