New Delhi: The percentage of ethanol blended with petrol by oil marketing companies (OMCs) experienced a slight decline, slipping from 11.77 per cent in July to 11.72 per cent in August this year, reported The Hindu Business Line.
This dip can be attributed to the unavailability of feedstock, particularly rice.
OMCs increased the ex-mill price of ethanol derived from DFG and maize in two increments in August. The DFG-based ethanol price has been increased by 15.2 per cent, from Rs 55.4 per litre to Rs 64 per litre. Prices of maize-based ethanol were raised by 17.2 per cent, from Rs 56.35 a litre to Rs 66.07. OMCs have also allowed the switching of feedstock from FCI rice to DFG and maize.
