Ethanol procurement price increased by OMCs

State-run oil marketing companies (OMCs) – Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), and Indian Oil Corporation Ltd (IOCL) – have decided to procure ethanol to blend with fuel before selling it. The OMCs have announced an increase in ethanol procurement price for a six months period ending November 30, 2022. This

OMCs sign tripartite agreement for dedicated ethanol plants

Oil marketing companies including Bharat Petroleum Corporation Limited, Indian Oil Corporation Ltd and Hindustan Petroleum Corporation Limited have entered into a long upcoming dedicated ethanol plants across India, the government said in a press release. As per the agreement, ethanol produced by these dedicated ethanol plants shall be sold to OMCs for blending with petrol

India is on the right path towards energy sustainability for future

Of late, Indian industry has made important progress on energy transition and emissions reduction. However, if long term sustainable growth is to be achieved in combination with global ambition to address climate change, more fundamental changes will be required to reduce emissions. Mr Gurmeet Singh, Director General of Federation of Indian Petroleum Industry (FIPI), in

OMC policies hindering ethanol production in India, says ISMA

The Indian Sugar Mills Association (ISMA) director-general Abinash Verma said that the policies of oil marketing companies (OMCs) and other factors are restricting the output of ethanol in the country. While addressing the members of the Parliament (MPs) at the Lok Sabha Secretariat, he said that the country has achieved 9.6% ethanol blending with petrol

Sugar mills in Maharashtra file bids to supply ethanol

Sugar mills in Maharashtra have submitted bids to supply 111 crore litres of ethanol to oil marketing companies (OMC) for the ethanol supply year 2021-22. This is expected to divert over 12 lakh tonne of sugar in the state with most of the ethanol being produced either from B heavy, C heavy molasses or directly

Sugar mills tender to supply 94 crore litres of ethanol

Sugar mills in Maharashtra have filled tender to supply 94 crore liters of ethanol to the Oil Marketing Companies (OMC) for the Ethanol Supply Year (December- November) 2021-22. This is expected to divert 12 lakh tonnes of sugar in the state with most of the ethanol being produced either from B heavy or directly from

Sugar sector welcomes support for ethanol production

The government’s decision to impose an additional differential Excise Duty of Rs 2 a litre on unblended fuel from October 1 will boost the Ethanol Blending Programme, according to the Indian Sugar Mills’ Association (ISMA). According to a notification of the Department of Revenue dated February 1, fuel to be categorised as blended (with ethanol/

Panel formed to prepare energy transition roadmap for India

The government is planning to draw up an energy transition roadmap for the oil and gas sector that could prove to be a key step on India’s path to net-zero emissions by 2070. The oil ministry has set up the Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor, who demitted office in