Patna, Bihar: Union Minister Dharmendra Pradhan said the centre’s decision to increase ethanol production from sugarcane and rice would ultimately benefit the farmers and boost Bihar’s economy.
Speaking to media persons here, he said, “The ethanol produced from the sugarcane will be used for blending with petrol to reduce fuel import. It has been going on in several countries of the world and India for quite some time. The permission to use rice for the production of ethanol is a new decision of the Centre.”
The Union Cabinet on Thursday announced the hike in ethanol prices for supply to oil marketing companies. The government had raised the price of ethanol extracted from sugarcane juice to Rs 62.65 per litre from the current Rs 59.48 per litre. The rate for ethanol from C-heavy molasses has been increased from Rs 43.75 per litre to Rs 45.69 per litre and that of ethanol from B-heavy molasses to Rs 57.61 per litre from Rs 54.27 per litre.
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