Cabinet gives nod to raise ethanol procurement prices
The move is expected to increase ethanol availability for blended petrol and thus help reduce import dependency, while also ensuring additional income for farmers.
Read MoreThe move is expected to increase ethanol availability for blended petrol and thus help reduce import dependency, while also ensuring additional income for farmers.
Read MoreOil companies will pay Rs 51 per liter for biodiesel in first year, Rs 52.7 in second year and Rs 54.5 in third year, while also bearing the cost of transportation and GST for the first year.
Read MoreOn Wold Biofuel Day on 10 August 2019, expressions of interest are to be floated by oil marketing companies for procurement of biodiesel from used cooking oil across 100 cities.
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