Oil Marketing Companies (OMCs) have allocated around 93 crore litres of ethanol for Cycle 2 of Q4 in the Ethanol Supply Year (ESY) 2024-25, from the approximately 100 crore litres offered by manufacturers nationwide. Initially, OMCs had called for tenders for the supply of around 88 crore litres of ethanol for ESY 2024-25.
In this allocation, maize holds the largest share at 58.16% (around 54.34 crore litres), followed by B Heavy Molasses at 19.68% (around 18.39 crore litres), damaged food grains at 14.57% (around 13.61 crore litres), sugarcane juice at 7.30% (around 6.83 crore litres), and C Heavy Molasses at 0.29% (around 0.27 crore litres).
For Cycle 1, OMCs allocated approximately 837 crore litres of ethanol, against an invited bid of 916 crore litres for ESY 2024-25, with a total of around 970 crore litres offered. Combining the allocations from both Cycle 1 and Cycle 2, the total allocation so far stands at around 930 crore litres .
The government is actively advancing the Ethanol Blended with Petrol (EBP) Programme, which enables OMCs to sell petrol blended with ethanol. In ESY 2023-24, the cumulative ethanol blending in petrol reached 14.6%, and for the current ESY 2024-25, blending is projected to rise to 18%.
The government has set a target of 20% ethanol blending by ESY 2025-26 and is confident of meeting this goal. To achieve this, approximately 1,016 crore litres of ethanol will be needed, totaling 1,350 crore litres when considering all uses.
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