Ethanol has a special appeal for India
The other day the director general of Indian Sugar Mills Association Abinash Verma made an impassioned plea for the central government to announce the final price of ethanol to be procured by oil marketing companies (OMCs) for blending with petrol. Till such time the final price is announced, OMCs are to procure ethanol from indigenous sources at a uniform ex-factory ad-hoc price of Rs 27 a litre for its doping with petrol. According to Verma, sugar mills have finalised “contracts with oil marketing companies for supply of about 600 million…
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