Business
Union Petroleum Minister Hardeep Singh Puri (Wikimedia Commons)
The Government is setting up five 2G (second generation) ethanol bio-refineries in the country at Panipat (Parali) in Haryana, Bathinda in Punjab, Bargarh (Parali) in Odisha, Numaligarh (Bamboo) in Assam and Devangere in Karnataka, Union Petroleum Minister Hardeep Singh Puri said on Friday (13 January).
“We are also launching a Global Alliance on Biofuels, along with USA and Brazil during India’s Presidency of G20”, Puri said at Auto Expo-2023.
The Auto Expo 2023 with the theme “Explore the World of Mobility” is being organised at Greater Noida by Automotive Components Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII), and Society of Indian Automobile Manufacturers (SIAM).
The minister further said that the government has advanced its target to achieve 20 per cent ethanol blending in petrol from 2030 to 2025-26.
He said that ethanol blending in petrol has resulted in not only augmenting the country’s energy security but also translated into a forex savings of over Rs 41,500 crore, and reduced green house gas emissions of 27 lakh MT.