Indian government considers raising ethanol prices for 2024-25 to boost production and reach 20% blending target by 2025-26.
Indian government contemplates raising ethanol prices for 2024-25 season to stimulate production and meet 20% blending target by 2025-26. The revision of ethanol prices will be based on the fair and remunerative price of sugarcane. The government sees ethanol blending as key to meeting green energy commitments and improving sugar mills' financial health. Ethanol blending in India has advanced to 13.3% in the current season from 12.6% in the previous year.
August 13, 2024
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