The ethanol blending in the country is constantly increasing, thanks to the steps taken by the Indian government.
According to the Ministry of Petroleum & Natural Gas (MoPNG), Under Ethanol Blended Petrol (EBP) Programme, supplies of ethanol has increased from 38 crore litres in Ethanol Supply Year (ESY) 2013-14 to 707.40 crore litres in ESY 2023-24, thereby achieving an average blending of 14.60% ethanol in Petrol. For the ongoing ESY (2024-2025), ethanol blending have further improved to 16.23% as on 29.12.2024. The Public Sector OMCs have started dispensing E20 petrol (20% ethanol in petrol) at more than 17,400 retail outlets across the country.
In the current ESY 2024-25, the total allocation (cycle 1 and cycle 2) for ethanol supply so far now stands at around 930 crore liters.
In the last ten years, EBP programme has translated into forex impact of over Rs.1,08,600/- crore, net CO2 reduction of 557 Lakh Metric Tonnes (LMT) and expeditious payment to farmers to a tune of over Rs. 92,400/- crores.
As per MoPNG, during April to November 2024, OMCs have procured 36.68 crore litres of biodiesel for the bio-diesel blending programme as against 29.25 crore litres during April to November 2023.
India is also making progress in Green Hydrogen sector. Oil & Gas PSU have planned for 900 KTPA Green Hydrogen Projects (EPC & BOO mode) by 2030. 42 KTPA tenders have been floated by PSU refineries, which are likely to be awarded by March 2025. Approximately 128 KTPA tenders will be issued by PSU refineries based on the outcome of the ongoing tenders.
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