India looking at increasing ethanol blending with petrol to over 20 pc: Puri
Last Updated: Feb 26, 2025, 01:16:00 PM IST
India plans to increase ethanol blending in petrol beyond 20%, with a NITI Aayog committee exploring the feasibility. Currently, the blending rate stands at 19.6%. Petroleum Minister Hardeep S Puri mentioned that fossil fuel companies aim to achieve net zero emissions by 2045, despite developmental challenges.
India is looking at increasing its target to blend ethanol with petrol to more than 20 per cent and has formed a committee under the NITI Aayog to look into it, Petroleum and Natural Gas Minister Hardeep S Puri said on Wednesday.
Addressing the Advantage Assam 2.0 business summit, he said 19.6 per cent blending has already been achieved.
"We will be looking at more than 20 per cent blending of biofuel.
Already a NITI Aayog group has been set up and they are looking into it," he said.
Puri said that all the fossil fuel production companies will achieve net zero by 2045, even though India has developmental challenges.
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Union Petroleum Minister Hardeep Singh Puri says petrol and diesel rates in India may ease once recently bought cheaper crude reaches refiners, after global oil prices cooled and Brent slipped below $80 a barrel. The signal matters because India imports most of its crude, so any sustained fall can filter through to motorists, freight users and inflation. But the relief is unlikely to be immediate, because fuel prices depend on inventory cycles, logistics and how quickly oil companies pass on lower input costs.
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