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IndiaPosted at: Oct 29 2020 9:19PM


Cabinet approves mechanism for procurement of ethanol by Public Sector OMCs under Ethanol Blended Petrol Program

New Delhi, Oct 29 (UNI) The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Thursday approved the increase in the price of ethanol from heavy molasses route and sugarcane juice, sugar and sugar syrup route, under the Ethanol Blended Petrol (EBP) Programme for the forthcoming sugar season 2020-21, Information and Broadcasting Minister Prakash Javadekar said.
The Cabinet approved fixing higher ethanol price derived from different sugarcane based raw materials under the Ethanol Blended Petrol (EBP) Programme for the forthcoming sugar season 2020-21 during Ethanol Supply Year (ESY) 2020-21 from December 1 2020 to November 30 2021:
This includes increasing the price of ethanol from C heavy molasses route be increased from Rs.43.75 per lit to Rs.45.69 per litre, increasing price of ethanol from B heavy molasses route from Rs.54.27 per lit to Rs.57.61 per litre and hike in the price of ethanol from sugarcane juice / sugar / sugar syrup route from Rs.59.48 per lit to Rs.62.65 per litre.
Additionally, GST and transportation charges will also be payable.
OMCs have been advised to fix realistic transportation charges so that long distance transportation of ethanol is not disincentivised,
In order to offer fair opportunity to the localized industry within the State and reduce crisscross movement of ethanol, Oil Marketing Companies (OMCs) shall decide the criteria for priority of ethanol from various sources taking in account various factors like cost of transportation, availability, etc.
This priority will limit to the excisable boundaries of the State and Union Territory for production in that State and UT. Same order of preference will be given thereafter for import of ethanol from other States wherever required.
All distilleries will be able to take benefit of the scheme and large number of them are expected to supply ethanol for the EBP programme. Remunerative price to ethanol suppliers will help in reduction of cane farmer’s arrears, in the process contributing to minimizing difficulty of sugarcane farmers.
Government has been implementing Ethanol Blended Petrol (EBP) Programme wherein OMCs sell petrol blended with ethanol up to 10 per cent. This programme has been extended to whole of India except Union Territories of Andaman Nicobar and Lakshadweep islands with effect from 01st April, 2019 to promote the use of alternative and environment friendly fuels. This intervention also seeks to reduce import dependence for energy requirements and give boost to agriculture sector.
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