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India aims for 20% ethanol in petrol by 2024-25

Fiinews by Fiinews
January 28, 2021
in Investment, Manufacturing
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Pradhan calls for cleaner forms of energy

India is aiming to have 20% ethanol blending in petrol by 2024-25, having reached over 8%, as a greater move to adopt clean energy amidst the increasing energy demand.

“We are targeting 20% ethanol blending by 2024-25 which will make India the country with largest ethanol blending in absolute terms,” Petroleum and Natural Gas Minister Dharmendra Pradhan said on 27 Jan 2021 at the Federation of Indian Petroleum Industry (FIPI) Award 2020 ceremony.

“We must deliberate on how we can move towards greater adoption of clean energy,” he said, adding that India must assume leadership in exploration of cleaner forms of energy.

Talking about Climate sustainability, Pradhan pointed out that India has adopted the renewable energy on a massive scale.

He called on the industry to adopt new technology, new processes and new paradigm so that India’s future energy requirements are met mostly from the clean energy sources.

“We must ensure energy security for our people and provide energy which is affordable, accessible, clean, efficient and sustainable. We shall move towards making petroleum industry a clean energy industry,” he said. #OPEC #biofuel #ethanol #renewables #solar #wind /fiinews.com

Tags: Federation of Indian Petroleum IndustryPetroleum and Natural Gas Ministry
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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