Oil companies achieve 1.37% blending of ethanol with petrol: Govt

Oil marketing companies could achieve only 1.37% blending of ethanol with petrol against the target of 5%, government informed the Lok Sabha today saying it has taken cognisance of the hurdles in achieving the goals.

Responding to a series of supplementaries on blending of ethanol with petrol and diesel, Petroleum Minister Dharmendra Pradhan said so far there has been a lot of talk but little action has been taken on renewable fuel. But now, the new government will take steps in the sector as it will also help the farmers.

He said certain issues related to marketing network and the company buying ethanol were behind failure to meet the target. The government has taken cognisance and would do the needful, he said.

The minister also agreed that ethanol is less fuel efficient as compared to petrol.

In November, 2012, the Cabinet Committee on Economic Affairs had decided that 5% mandatory ethanol blending with petrol should be implemented across the country and achieved by June, 2013.

The minister said state governments have been asked to simplify the procedure and expedite clearances to ease the availability of ethanol for blending.

To a question on plans to ban export of ethanol, he said DG Foreign Trade has not received proposal from any ministry to ban its export.

Interestingly, most of the supplementaries were asked by ruling BJP members.

It was the first question faced by Modi government in the 16th Lok Sabha.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Signalling good times, current account deficit is likely to grow from here on

    The current account deficit (CAD) numbers for April-June quarter declined sharply to 1.7 per cent of GDP.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Disruptive innovation in education

The past two weeks had a fair share of interesting ...

Rajgopal Nidamboor

Regain the spirit of focused power

For aeons, the human race has been experimenting with a ...

Gautam Gupta

Manufacturing must keep workers’ welfare in mind

It may be early days yet, but the labour reforms ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture