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.

EDITORIAL OF THE DAY

  • India's engagement with Iran looks iffy without Farzad gas deal

    India’s quest for West Asian oil is not going to come too easy, anytime soon.

FC NEWSLETTER

Stay informed on our latest news!

TODAY'S COLUMNS

BK Chaturvedi

Time ripe for state funding of elections

Prime minister Narendra Modi had laid strong emphasis on improved ...

Rajgopal Nidamboor

The resonant cadence of our being

The real voyage of discovery,” wrote Marcel Proust, the French ...

Dharmendra Khandal

Biodiversity day has come and gone. Yet again

Every year on May 22, world celebrates international biodiversity day. ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture