Taking a step forward to boost ethanol blending in India, the Society of Indian Automobile Manufacturers (SIAM) has signed a memorandum of understanding (MoU) with the US Grains Council (USGC), reports Hindustan Times.
This will help India to establish a framework for cooperation covering scientific, technical, and policy aspects related to the production, blending, and marketing of ethanol said USGC in a statement.
India has achieved a 10% ethanol blending target in June 2022, five months ahead of schedule. Now India has set a target of blending 20% ethanol by 2025-26 and it requires 10.15 billion liters of ethanol to achieve this.
Both organizations will work on policy frameworks of blending, retailing, production, logistics, and automobile compatibility through the MoU.
The MoU was signed by SIAM president Vinod Aggarwal and USGC chairman Josh Miller during the Auto Expo 2023 in New Delhi.
SIAM is the apex body for the Indian automobile industry and USGC is a US-based not-for-profit organization promoting ethanol production.