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India Achieves 10% Ethanol Blending
India has achieved the target of 10% ethanol blending in petrol five months ahead of schedule - November, 2022. This is up from 1.5% in 2014.
There are three clear benefits of achieving this goal:
- first, it has led to a reduction of 27 lakh tonnes of carbon emission;
- second, it has saved foreign exchange worth Rs.41,000 crore and;
- thirdly, farmers of the country have earned Rs. 40,600 crore in the last eight years due to increase in ethanol blending.
Ethanol Blended Petrol (EBP) Programme
- The Centre promotes the Ethanol Blended Petrol (EBP) programme with the aim of enhancing energy security, reducing import dependency on fuel, saving foreign exchange, addressing environmental issues and giving a boost to agriculture.
- The ‘National Policy on Biofuels’ notified by the government in 2018 envisaged an indicative target of 20% ethanol blending in petrol by 2030.
- Given the encouraging performance and various interventions made by the government since 2014, the 20% target was advanced to 2025-26
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