‘India to triple ethanol production by 2022’ |ForumIAS

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News

Important Facts

2. World Bio-fuel Day is on 10^th August

3. Government has planned 12 biofuel refineries in the country at an investment of ₹10,000 crore

4. Benefits

This will increase the total ethanol production from 141 crore litre to 450 crore litre
This will result in an import savings of ₹12,000 crore.
The government will achieve 10% ethanol blending in petrol by 2022. The current level is mere 2% only

5. Government is also aiming to double ethanol blending to 20%

6. To achieve this government, need to adopt a holistic approach

7. Government has recently adopted national biofuel policy