The government’s masterstroke! Ethanol blending program saved country Rs 1.90 lakh crore; Farmers also benefit greatly

• The government’s masterstroke!
• Ethanol blending program has saved the country billions of rupees
• Farmers also benefit greatly

The ethanol blended petrol program is an important component of India’s energy transition and biofuels strategy. According to a brochure released by the government on Sunday, the program has saved the country foreign exchange by reducing crude oil imports, reduced greenhouse gas emissions and increased farmers’ incomes through new market opportunities.

Good news for investors! Addition of more than 1 Lakh Crore to the Market Cap of Top 6 Companies, Do You Have a Share??

During the period 2014-15 to May 2026, the Ethanol Blending Program has resulted in over Rs 1.90 lakh crore foreign exchange savings and over Rs 1.6 lakh crore additional income to farmers by substituting 31 million metric tonnes of imported crude oil with ethanol, the brochure said. In addition, it has reduced carbon emissions by more than 93 million metric tons.

India imports approximately 88.5 percent of its crude oil requirements, the brochure said. This explains why ethanol blending is gaining so much importance on the policy agenda. With every barrel of oil it buys from abroad, the country faces price fluctuations and unexpected supply disruptions over which it has no control. The brochure emphasizes that ethanol produced from Indian sugarcane, maize and rice provides a way to reduce this risk by using domestically produced resources.

The brochure also states that ethanol blending is now a globally accepted practice, and has been implemented by several major economies such as the US, Brazil and Japan.

In the US, E10 is the standard ethanol-blended fuel nationwide, while the use of E15 is growing rapidly with support from the US government. Millions of vehicles are already flex-fuel compatible, capable of running on blends up to E85.

Brazil leads the world in ethanol consumption. Currently, there is E27 mandated as the standard gasoline blend. This ratio is being increased to approximately 35 percent. More than 80 percent of new cars sold are flex-fuel vehicles, running on E27, E30 or pure hydrous ethanol. Japan has also added ethanol to its fuel mix, phasing in E10.

A big challenge to keep the job! A big blow to the employees of Tech companies, the number is terrible; India ranks second in the reduction race