India is taking various measures to increase ethanol production in the country. And it can be visible as the government has approved 71 ethanol production projects by 31 May 2022. They have been accorded in-principle approval under the New Window of Interest Subvention Scheme.
The proposed capacity of these 71 approvals is more than 396 crore litres.
71 #ethanol production projects have been accorded in -principle approval under the New Window of Interest Subvention Scheme. pic.twitter.com/MISZh7PRLn
— @FoodDeptGOI (@fooddeptgoi) June 2, 2022
According to the Ministry of Consumer Affairs, till the year 2014, in India, ethanol distillation capacity of molasses-based distilleries was only about 215 crore litres. However, in past 8 years due to the policy changes made by the Government, the capacity of molasses-based distilleries has been increased to 569 crore litres. Capacity of grain-based distilleries which was 206 crore litres in 2014 has increased to 298 crore litres. Thus, the total ethanol production capacities have increased from 421crore litres to 867 crore litres in just 8 years.
Recently, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, had also approved the Amendments to the National Policy on Biofuels -2018. It will help further to raise ethanol production.
