Govt urges industry to boost ethanol production, ‘ready to buy full amount’
In a bid to boost ethanol production, the government has said it is ready to purchase the entire output. The development comes in the wake of the government making compulsory blending 10 per cent ethanol with petrol. "Government is ready to purchase the entire quantity of ethanol produced by the industry. It could think of ways for economically viable production of ethanol," Transport & Shipping Minister Nitin Gadkari told ethanol producers. Chairing a meeting of Indian Federation of Green Energy, the minister said ethanol could be a game changer as it is economically viable and environment-friendly. He said the industry could find ways and means for boosting the production through molasses, bagass, corn or other means and the government was ready to buy the entire produce. Citing the example of flex-fuel cars in Brazil, Gadkari said India was also on the way to promote such vehicles to minimise pollution. "Under Ethanol Blending programme (EBP), the central government has scaled up blending targets from 5 per cent to 10 per cent to promote blending of ethanol with petrol and its use as alternative fuel," the government said last year.