The ethanol procurement process was approved. Earlier, ethanol was being offered at a single rate across the country; But now due to the new decision, the rate of ethanol produced in different ways will be different depending on the grade.
Price of Ethanol in India
The price of ethanol made from sugar will be Rs 62.65 per litre; The price of ethanol made from low-quality sludge i.e. B-heavy molasses will be Rs 57.61 per litre while the price of ethanol made from C-heavy molasses will be Rs 45.69 per litre.
Union Information and Broadcasting Minister Prakash Javadekar and Union Water Power Minister Gajendrasingh Shekhawat informed about these decisions.