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India Saves ₹30 Per Litre with Ethanol Blending Programme

Guavy AI Editorial Team
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Oil Natural Gas
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India's Ministry of Petroleum and Natural Gas has defended its Ethanol Blended Petrol (EBP) Programme against criticism over costs and food security. According to the ministry, retail petrol prices in Delhi could have surged to around ₹125 per litre during peak global crude oil spikes if India had not implemented ethanol blending.

The ministry highlighted the substantial financial relief provided to citizens amidst international market volatility. During the peak of the crisis, consumers paid ₹94.77 per litre instead of the projected ₹125 per litre without ethanol blending.

The EBP Programme has yielded over ₹1.97 lakh crore in foreign exchange savings and substituted more than 316 lakh metric tonnes of crude imports. It has also reduced CO₂ emissions by over 950 lakh metric tonnes.

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