New Delhi: India is preparing to set a new target of 30 percent ethanol blending in petrol by 2030, after successfully reaching the 20 percent mark by March this year, reported Business Standard citing sources.
The original goal of 20 percent blending was initially planned for 2030 but was later advanced to the 2025-26 ethanol supply year (ESY). In the 2023-24 ESY, the country achieved an average ethanol blending rate of 14.6 percent, up from 12.06 percent in the previous ESY.
Officials at the Petroleum and Natural Gas Ministry confirmed that inter-ministerial discussions have agreed to raise the national blending target to 30 per cent by the end of the decade, according to the news report.