Ethanol Procurement Prices Revised for ESY 2024-25
In News
What Happened
Why It Matters
Background
History & Context
What Changed
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C-Heavy Molasses Ethanol Price: BEFORE it was Rs. 56.58 per litre, NOW it is Rs. 57.97 per litre (a 3 percent increase).
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Blending Target: BEFORE the achieved national average blending was 14.60 percent (in 2023-24), NOW the target is 18 percent for the 2024-25 Ethanol Supply Year.
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Distillation Infrastructure Focus: BEFORE the industry relied heavily on single-feed sugarcane distilleries, NOW there is a targeted push for multi-feed distilleries and Dedicated Ethanol Plants (DEPs) to utilize diverse feedstocks like maize and damaged food grains.
Prelims Angle
NCERT Connection
Practice Questions
Q1
Correct Statement(s)Which of the following statements is/are correct regarding India's Ethanol Blended Petrol (EBP) Programme? 1. Under the revised pricing for the Ethanol Supply Year 2024-25, the procurement price of ethanol derived from C-Heavy Molasses was increased to support the 18 percent blending target. 2. The Government of India has postponed its target of achieving 20 percent ethanol blending in petrol (E20) from 2025-26 to 2030.