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Oil Companies confident of ethanol blending target; already achieved 12%: Sources – The Economic Times Video

The Oil Marketing Companies are very confident to get sufficient ethanol to achieve their target by 2025. The govt has a target to achieve a 20% ethanol blending target in petrol by 2025. However, OMCs are saying that they are moving ahead with the target, and as per the plan, they will get a thousand crude litres of ethanol by 2025 to meet the 20% blending target. They’ve already achieved a 12% ethanol blending target in petrol and are at the cost of meeting a 15% blending target by the end of the current ethanol supply, which will be completed by October 2024.

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