India Hits 12% Ethanol-Petrol Blend Target
OIL & GAS

India Hits 12% Ethanol-Petrol Blend Target

India successfully met its target of blending 12% ethanol with petrol for the ethanol supply year, which concludes in October 2023, according to Oil Minister HS Puri. The government had set a target of 12% ethanol blending with petrol for the year 2022?23 (December 2022?October 2023). The goal for the following year, 2023?24 (November 2023?October 2024), is 15%.

Puri announced this achievement while launching reference fuels produced by Indian Oil Corporation (IOC), a state-run refining and marketing giant. The government has expedited efforts to reach a target of 20% biofuel blending by 2025, moving it up from the original goal of 2030. E20 blended fuel is already being sold at over 5,000 petrol retail outlets, contributing significantly to emissions reduction.

Puri also highlighted the interest in producing ethanol from maize, alongside sugar-based producers, and expressed confidence that India will easily achieve the 20% blending target by the end of 2025.

The percentage of ethanol blended with petrol by oil marketing companies (OMCs) temporarily decreased to 11.72% in August due to feedstock availability issues, particularly the discontinuation of Food Corporation of India (FCI) rice in July 2023. This led to supply constraints and operational disruptions in grain-based distilleries.

For the year 2022?23, OMCs tendered for 5.997 billion litres of ethanol, with letters of intent (LoIs) issued for 5.6445 billion litres as of August 2023.

Additionally, Indian Oil's indigenous development of reference fuels, meeting Automotive Industry Standard (AIS) specifications, is poised to reduce reliance on imports and benefit the domestic automobile industry for vehicle calibration and testing. This development is expected to make India a significant exporter of reference fuels in the future.

India successfully met its target of blending 12% ethanol with petrol for the ethanol supply year, which concludes in October 2023, according to Oil Minister HS Puri. The government had set a target of 12% ethanol blending with petrol for the year 2022?23 (December 2022?October 2023). The goal for the following year, 2023?24 (November 2023?October 2024), is 15%. Puri announced this achievement while launching reference fuels produced by Indian Oil Corporation (IOC), a state-run refining and marketing giant. The government has expedited efforts to reach a target of 20% biofuel blending by 2025, moving it up from the original goal of 2030. E20 blended fuel is already being sold at over 5,000 petrol retail outlets, contributing significantly to emissions reduction. Puri also highlighted the interest in producing ethanol from maize, alongside sugar-based producers, and expressed confidence that India will easily achieve the 20% blending target by the end of 2025. The percentage of ethanol blended with petrol by oil marketing companies (OMCs) temporarily decreased to 11.72% in August due to feedstock availability issues, particularly the discontinuation of Food Corporation of India (FCI) rice in July 2023. This led to supply constraints and operational disruptions in grain-based distilleries. For the year 2022?23, OMCs tendered for 5.997 billion litres of ethanol, with letters of intent (LoIs) issued for 5.6445 billion litres as of August 2023. Additionally, Indian Oil's indigenous development of reference fuels, meeting Automotive Industry Standard (AIS) specifications, is poised to reduce reliance on imports and benefit the domestic automobile industry for vehicle calibration and testing. This development is expected to make India a significant exporter of reference fuels in the future.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement