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Ethanol Blending Reached New Heights in December 2024

Written by: Team Angel OneUpdated on: Jan 21, 2025, 2:51 PM IST
India achieved a record 18.2% ethanol blending in petrol in December 2024, showcasing remarkable progress under the Ethanol Blending Programme.
Ethanol Blending Reached New Heights in December 2024
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Ethanol blending in petrol under India’s Ethanol Blending Programme (EBP) has achieved record-breaking levels during the ongoing Ethanol Supply Year (ESY) 2024-25. The government’s focus on increasing ethanol usage marks a significant step towards reducing dependency on imported fuels.

Record-Breaking Ethanol Blending in ESY 2024-25

In December 2024, ethanol blending in petrol reached an unprecedented 18.2%, the highest ever recorded. From November to December 2024, the cumulative blending rate stood at 16.4%, with 140.8 crore litres of ethanol blended during this period. Specifically, December 2024 alone accounted for 76.6 crore litres of ethanol under the EBP programme. This milestone highlights India’s progress in its ethanol usage targets.

Steady Growth in Ethanol Supply Over the Years

The supply of ethanol under the EBP programme has witnessed a sharp rise over the past decade. Official data from the Ministry of Petroleum & Natural Gas (MoPNG) indicates that ethanol supply has grown from 38 crore litres in ESY 2013-14 to 707.4 crore litres in ESY 2023-24, with an average petrol blending rate of 14.6% in the last year. For ESY 2024-25, the total ethanol allocation, including both cycles, is approximately 930 crore litres. Achieving the government’s target of 20% ethanol blending by ESY 2025-26 will require 1,016 crore litres for blending and a total supply of 1,350 crore litres, factoring in other uses.

Conclusion

India’s Ethanol Blending Programme continues to achieve remarkable progress, with record-breaking blending rates and significant growth in ethanol supply. These milestones highlight the country’s commitment to reducing fuel imports through increased ethanol utilisation.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

 

Published on: Jan 21, 2025, 2:51 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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