Aiming to achieve a 20 per cent ethanol blending target by 2025, the government is taking various steps to increase biofuel production. Moving in the same direction, ethanol production capacity in the country has been increased to 947 crore litres per annum till 30th November 2022.
Out of these, Molasses-based distilleries have a capacity of 619 crore litres. Whereas Grain-based distilleries have a capacity of 328 crore litres.
— Department of Food & Public Distribution (@fooddeptgoi) December 2, 2022
According to the Department of Food and Public Distribution, the capacity covers the need for ethanol blending with petrol as well as other industrial uses of ethanol in the country. 228 ethanol projects have got loans of more than Rs 18,500 crores sanctioned from banks. Out of the loans sanctioned, more than Rs 9000 crores have been disbursed to the 196 Projects.
Ethanol production in India is likely to increase as Centre approved, in last month, higher ethanol price derived from different sugarcane based raw materials under the EBP Programme for the season 2022-23.