The government is evaluating a plan to blend 5% ethanol in diesel (ED-5) as it nears its goal of achieving 20% ethanol blending in petrol within the next two years, according to ToI. A meeting on this new proposal took place last week at the Prime Minister’s Office with all relevant ministries in attendance, souces told ToI.
The ethanol blending initiative aims to enhance environmental benefits and reduce crude oil import costs.
In May, the average ethanol blending in petrol exceeded 15% for the first time. This was made possible through increased purchases from biofuel producers who have expanded their production capacity significantly in recent years.