Photo: The Times Of India
Bihar Becomes First State To Introduce Ethanol Promotion Policy
The Bihar government on March 17 approved the Ethanol Promotion Policy in the state. Becoming the first state to implement such policy, it encourages investors to make ethanol directly from maize, molasses, broken rice and rotten grains with 15% government subsidy. Besides, speedy clearances, stamp duty exemption and land allotment are among other benefits provided by the scheme. The move is in accordance with the Centre-approved National… read-more
Tags: Ethanol Promotion Policy, Bihar, Ethanol, Biofuel
Courtesy: The Indian Express
Photo: ET Energy World
Government Increases Ethanol Price By Upto Rs 3.34/Litre
The government has increased the sugarcane-extracted ethanol price by upto Rs 3.34 per litre, effective from December 2020 as oil-marketing companies are eyeing to procure 465 crore litres of eco-friendly ethanol for 2020-21. The price hike will help sugarcane-farmers sell produce more efficiently. India, which imports 85% of its oil requirements, dopes 10% ethanol to ease import dependency. Economic Affairs Committee also said OMCs will bear… read-more
Tags: Ethanol, Biofuel, Petrol, Oil Marketing Companies, BPCL, HPCL, IOC
Courtesy: Energy Economic Times
