Powered by: Motilal Oswal
26/10/2022 9:38:56 AM | Source: IANS
Government extends deadline for ethanol production scheme
News By Tags | #813 #857 #412

The government has extended the deadline for the scheme which provides financial aid to molasses-based distilleries for enhancing ethanol production, by six months till April 21, 2023.

The decision has been taken to improve production and supply of ethanol under the Centre's Ethanol Blended with Petrol (EBP) programme.

The Department of Food and Public Distribution had earlier asked all distilleries to enhance ethanol production to make the programme successful.

Through the EBP, government aims to reduce pollution and increase value addition in the domestic sugar industry.

It has scaled up blending targets from 5 per cent to 10 per cent under it.

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here