Goa, Jan. 27 -- India achieved nearly 20% ethanol blending in Ethanol Supply Year (ESY) 2025, resulting in foreign exchange savings of approximately USD 19.3 billion and direct payments exceeding USD 15 billion to farmers over the last decade, said Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Tuesday. Speaking at the inaugural ceremony of the 4th India Energy Week (IEW) 2026 in Goa, the Minister detailed India's strategy to balance energy transition with economic security for clean energy targets.

The Minister stated that India remains on track to meet its compressed biogas targets as part of a broader push into bioenergy. He noted that while renewables have grown from "one-fifth to nearly one-third" of global ele...