In order to boost farmers’ income and move to cleaner fuel alternatives, Assam Cabinet has accorded approval to Production Linked Incentive (PLI) of Rs 2 per litre of ethanol for a period of 3 years to 3 grain based ethanol manufacturing units.
The Government has been promoting blending of ethanol in petrol under the Ethanol Blended Petrol (EBP) Programme wherein Public Sector Oil Marketing Companies (OMCs) sell ethanol blended with petrol.
In order to promote blending of ethanol in petrol, the Government has taken several measures which includes expansion of feedstock for production of ethanol, administered price mechanism for procurement of cane-based ethanol under the EBP Programme, Ethanol Interest Subvention Schemes (EISS) for ethanol production from molasses as well as grains and Long-Term Offtake Agreements (LTOAs) by OMCs with Dedicated Ethanol Plants (DEPs) etc.
For detailed information and further insights, please refer to Chinimandi.com, which provides news about the Ethanol Industry.
Like Assam govt other states also increase ethanol price by Rs2 per ltr for three years it helps investors attract to establish ethanol plant
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