New Delhi (02.11.2022): The Cabinet Committee on Economic Affairs has approved a mechanism for procurement of ethanol by Public Sector Oil Marketing Companies (OMCs) under Ethanol Blended Petrol (EBP) Programme. This price revision of ethanol is for supply to Public Sector QMCs for Ethanol Supply Year (ESY) 2022-23.
The price of ethanol from C heavy molasses route be increased from Rs 46.66 per litre to Rs 49.41 per litre, the price of ethanol from B heavy molasses route be increased from Rs 59.08 per litre to Rs 60.73 per litre, the price of ethanol from sugarcane juice/sugar/sugar syrup route be increased from Rs 63.45 per litre to Rs 65.61 per litre and GST and transportation charges will also be payable.
All distilleries will be able to take benefit of the scheme and a large number of them are expected to supply ethanol for the EBP programme. The Government has been implementing Ethanol Blended Petrol (EBP) Programme wherein OMCs sell petrol blended with ethanol up to 10 per cent.
CCEA approves Mechanism for ethanol procurement by Public Sector OMCs
By IndianMandarins - 2022-11-02 16:00:00
New Delhi (02.11.2022): The Cabinet Committee on Economic Affairs has approved a mechanism for procurement of ethanol by Public Sector Oil Marketing Companies (OMCs) under Ethanol Blended Petrol (EBP) Programme. This price revision of ethanol is for supply to Public Sector QMCs for Ethanol Supply Year (ESY) 2022-23.
The price of ethanol from C heavy molasses route be increased from Rs 46.66 per litre to Rs 49.41 per litre, the price of ethanol from B heavy molasses route be increased from Rs 59.08 per litre to Rs 60.73 per litre, the price of ethanol from sugarcane juice/sugar/sugar syrup route be increased from Rs 63.45 per litre to Rs 65.61 per litre and GST and transportation charges will also be payable.
All distilleries will be able to take benefit of the scheme and a large number of them are expected to supply ethanol for the EBP programme. The Government has been implementing Ethanol Blended Petrol (EBP) Programme wherein OMCs sell petrol blended with ethanol up to 10 per cent.
