Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies under Ethanol Blended Petrol Programme
October 30, 2020
Mechanism for procurement of ethanol by Public Sector Oil Marketing Companies under Ethanol Blended Petrol Programme: The Cabinet has approved fixing higher ethanol price derived from different sugarcane based raw materials under the Ethanol Blended Petrol (EBP). This programme is for the forthcoming sugar season 2020-21 during Ethanol Supply Year (ESY) 2020-21 from 1 December 2020 to 30 November 2021. All distilleries will be able to take benefit of the scheme and large number of them are expected to supply ethanol for the EBP programme. Remunerative price to ethanol suppliers will help in reduction of cane farmer’s arrears, in the process contributing to minimizing difficulty of sugarcane farmers.
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