The government is considering a proposal to increase ethanol prices for the season starting November 2024, aiming to diversify feedstocks and achieve a 20 percent blending target by 2025-26. A committee headed by a joint secretary from the petroleum ministry has already discussed the proposal. The revision of ethanol prices will be based on the fair and remunerative price of sugarcane, sources said.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.