India's energy minister Hardeep Singh Puri, who expressed confidence in the quicker implementation of such fuel stations, the entire nation will have specialised fuel stations selling E20 petrol. E20 gasoline is a mixture of 20% ethanol and petrol.
The first E20 outlet opened on February 8 of this year, well in advance of the planned opening in April. They currently number 600 and will cover the entire nation by 2025, Puri was cited by PTI as saying during the annual general meeting of the industry lobby IMC Chamber. He added that the ministry will later this month announce the creation of a worldwide biofuel alliance.
the percentage of ethanol in petrol increased from 1.53 percent in 2013–14 to above 11.5 percent as of March 2023. From 38 crore litres in 2013-14 to 433.6 crore litres in 2021-22, ethanol-blend petrol has grown in volume. In a similar vein, he said that the number of petrol stations offering biofuels has tripled from over 29,890 in 2016–17 to over 67,640.
The government has already surpassed its 20 percent ethanol blend target ahead of schedule (11.5 percent), which it hopes to reach by 2025. In fact, the administration moved the 20% blending goal up from 2030 to 2025 by five years. The 10% ethanol blend objective for petrol was met in June 2022, significantly earlier than expected.
The country's import basket has become more diverse, growing from 27 nations in 2006–07 to 39 in 2023 as a result of the country's increased sourcing of crude from Russia and other non–Gulf markets. The third greatest consumer of energy, third largest importer of LNG, third largest refiner, and fourth largest market for automobiles in the globe, according to him, demonstrate a clear correlation between growth and energy consumption.
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