New Delhi, Sept. 18 -- India's march toward 20 per cent ethanol blending in petrol by Ethanol Supply Year (ESY) 2025 is no longer constrained by fears of feedstock scarcity, according to a report by Incred Research.
The report stated that the fresh data showed that less than half of the Food Corporation of India's (FCI) rice buffer stock is sufficient to meet the entire blending requirement.
The report stated "Just 23mmt of rice translates into 11bnL (billion litres) of ethanol - enough to meet India's entire 20 per cent blending requirement. Food Corporation of India's rice buffer norm stands at a modest 13.5mmt while the current stock level has ballooned to 54mmt - that's 4x the required buffer".
So the report outlined that it means ...
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