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‘India to triple ethanol production by 2022’
News
- PM says India will triple its ethanol production by 2022
Important Facts
2. World Bio-fuel Day is on 10th 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
