Ethanol blending kept Delhi petrol near ₹94.77/litre versus an estimated ₹125, government says
The government said ethanol blending cushioned consumers during the West Asia crude shock, limiting fuel-price pressure for public-sector oil marketers. The programme is also being positioned as a lever for lower crude imports, forex savings and farm income.
Government said ethanol blending cushioned Indian fuel consumers during the West Asia crisis, keeping petrol at ₹94.77 per litre versus an estimated ₹125. The programme reduced crude imports and OMC exposure, while supporting fuel-retail price stability.
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- The Hindu BusinessLine — Same time