New Delhi, January 30, 2025: The Indian government’s recent revision of ethanol prices has raised expectations about a potential transformation in the country’s ethanol industry. The price adjustment is aimed at ensuring a more sustainable pricing mechanism and could significantly impact both the production and consumption of ethanol, especially in the context of India’s ethanol blending program.
This revision is part of the government’s push to increase ethanol production as per the National Biofuels Policy. By offering better pricing incentives to producers, the move is expected to boost the supply of ethanol for blending with petrol, helping India reduce fossil fuel reliance, lower carbon emissions, and create new economic opportunities, particularly in rural areas tied to sugarcane and corn farming.
