Ethanol sourcing from sugar mills to be less this season
The National Policy on Biofuel (NPB) 2018 has provisioned for an indicative target of 20% ethanol blending in petrol by 2030. Sugar mills could face disappointment after Centre tweaked a crucial condition in the tender document of oil marketing companies (OMC) to procure ethanol from mills, aside of considering a lower-than-expected hike in the price