Govt mulls ethanol price hike for 2024-25 season to incentivize production, meet blending goals

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.
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