India’s oil marketing companies had received offers of 120 crore litres of ethanol in a tender floated to raise the necessary quantities for blending with petrol, the oil minister told parliament.
Dharmendra Pradhan said in a written reply to Rajya Sabha that the requirement of ethanol for 5 per cent blending with petrol is 133 crores litres and for 10 per cent blending 266 crore litres for the sugar year 2015-16.
One more Expression of Interest (EoI) has been floated to procure the remaining quantity.
The government, which fixed the price of ethanol in the range of Rs. 48.50 to Rs. 49.50 per litre in 2014, has also allowed procurement of ethanol produced from other non-food feedstocks besides molasses, like cellulosic and ligno-cellulosic materials including petrochemical route.