The petroleum ministry defended India's ethanol blending program on Friday. It stated that blending saved consumers nearly thirty rupees per litre. Food security obligations always take precedence over ethanol production needs. Rice is only one approved feedstock, used when surplus stocks are available. Ethanol blending acts as insurance against global oil price shocks.
The petroleum ministry defended India's ethanol blending program on Friday. It stated that blending saved consumers nearly thirty rupees per litre. Food security obligations always take precedence over ethanol production needs. Rice is only one approved feedstock, used when surplus stocks are available. Ethanol blending acts as insurance against global oil price shocks.
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