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  • Writer's pictureTritech

IOCL will soon start the procurement process for ethanol from maize

Public sector undertaking (PSU) Oil Marketing Companies (OMCs) like Bharat Petroleum Corp. Ltd, Hindustan Petroleum Corp. Ltd, Indian Oil Corp. Ltd etc will soon start the procurement process for ethanol from maize, widening the supply sources for ethanol production.

“We are on our way to achieving ethanol blending of petrol target of 10 per cent by 2022, as additional sources for ethanol have been added,” said Arun Singh, Director (Marketing) & Director (Refineries), Bharat Petroleum Corporation Ltd.

The surplus rice from procurement process of ethanol has started for the 2020-21 period. From being environment friendly and reducing import dependence, this would help farmers to increase their income level.

The required amount of ethanol during December 2020 to November 2021 cycle is 450-460 crore litres. The government has targeted ethanol blending in petrol to achieve 10 per cent and 20 per cent blending by 2022 and 2030, respectively.


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