20 % ethanol blended petrol, E20, to be available across country by 2025 says Union Minister Hardeep Singh Puri

New Delhi, July 8:-- Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri has said that 20 percent ethanol blended petrol, E20, will be available across India by 2025. Addressing the AGM of Indian Merchants Chambers virtually yesterday, Mr. Puri said the first E20 special fuel outlet was opened in February this year, following which the number has already crossed 600 and such stations will be available across the country by 2025.

The minister informed that ethanol blending in petrol has gone up from 38 crore litres in 2013-14 to 433 crore litres in 2021-22. Mr. Puri further informed that the number of fuel stations selling biofuels has increased from close to thirty thousand in 2016-17 to more than 67,640.

The minister said India has witnessed growth across every sector in the past nine years. He said a growth-energy correlation is manifestly visible as the country now stands as the world's third largest energy consumer, third-largest oil consumer and third-largest LPG consumer. He said the country stands at the fourth largest LNG importer, fourth largest refiner, and the fourth largest automobile market in the world. Mr. Puri said that India’s growth story has evoked awe and confidence around the globe and is a source of hope and pride for every Indian.

Related Business News

American Tariffs Threaten 10 Lakh Jobs in India, Major Sectors to Face Severe Impact

(Fast Mail):--The United States has imposed an additional 25% tariff on goods imported from India, effective from August 27, i.e., today. Prior to this, a 25% tariff was already in place since August 7, bringing the total tariff to a hefty 50%. Brijesh Goyal, Chairman of the Chamber of Trade and Ind....

Congress demands official paper on GST 2.0, calls for 'Good and Simple Tax'

NEW DELHI: The Congress party, on Saturday, urged the government to promptly release an "official discussion paper" on 'GST 2.0' to facilitate comprehensive discussions on the proposed Goods and Services Tax (GST) reforms, which include simplifying the tax structure to just two rates&mdash....

Rupee Falls 16 Paise to 87.82 Against US Dollar

MUMBAI: In the interbank forex market, the rupee opened weakly at 87.95 against the US dollar. During the day, it touched 87.75 but closed at 87.82 (provisional), down 16 paise from its previous close. On Monday, the rupee had fallen 48 paise to close at 87.66 against the US dollar. Anuj Choud....

Congress to Hold Massive Protest in Bengaluru on August 5 Against Vote Rigging, Rahul Gandhi to Participate

(Fast Mail):--The Congress party has announced a massive protest in Bengaluru, Karnataka, on August 5 to address alleged vote rigging and discrepancies in voter lists. The event will see participation from Rahul Gandhi, the state’s Chief Minister, Deputy Chief Minister, several ministers....

New US Tariffs to Hurt India’s Exports! Will MPC Meeting Lead to Interest Rate Cuts?

By Jagadananda Pradhan (Fast Mail News):-- The new US tariffs could result in a loss to India’s exports, estimated at 0.3% to 0.4% of GDP. This is due to India’s economy being primarily focused on the domestic market and its relatively low share in goods exports to the US. Accordi....