High Crude Prices Bring Ethanol Factories to Life - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
Select Page

Net Zero by Narsi is a series of brief posts by Narasimhan Santhanam (Narsi), on decarbonization and climate solutions.
See all Net Zero by Narsi posts from here.Connect with our director

After remaining shut for two years, ethanol factories in the country are readying to whir again. With crude prices spiking again to $80 per barrel levels and the government cracking down on the 5% blending requirement, oil companies have been negotiating with sugar producers for supply of ethanol.

Ethanol factories costing about Rs 2,500 crore were set up after the ethanol blending programme was announced in 2002. However, these units had been lying idle for almost two years as the Central government started easing up on ethanol blending requirements in 2005.

The original programme foresaw blending 5% ethanol in petrol sold across the country. Ethanol content was proposed to be gradually raised to 10% by October last year. However, soon after taking power in 2004, the Central government relaxed the policy of enforcing even the 5% blending. As a result, oil companies stopped procuring ethanol for blending in 2006-07.

Source

Here's more about EAI

climate tech image India's first climate tech consulting firm

climate tech image We work across entire climate tech spectrum

climate tech imageOur specialty focus areas include bio-energy, e-mobility, solar & green hydrogen

climate tech image Gateway 2 India from EAI helps international firms enter Indian climate tech market


Latest from Net Zero by Narsi


About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

narsi-img

Copyright © 2024 EAI. All rights reserved.