If 1% of annual petrol vehicles sales move to E85, ₹195 crore forex would be saved: Petroleum Minister
Union Petroleum Minister Hardeep Singh Puri announced that shifting just 1% of annual petrol vehicle sales to E85 fuel could save India ₹195 crore in foreign exchange. The initiative aims to boost ethanol demand, reduce crude oil imports, and provide direct financial benefits to farmers.
Why it matters
This policy shift highlights India's strategic push toward energy independence and decarbonization by leveraging flex-fuel technology to reduce reliance on imported crude oil.
If 1% of the annual petrol vehicle sales in the country during an ethanol year move to E85 (that is, 85% blending of ethanol with gasoline), the country would be able to save ₹195 crore in foreign exchange in an ethanol supply year, said Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, at the launch of Hero MotoCorp’s flex-fuel motorcycles.
The article reports on government statements and economic projections regarding energy policy without injecting editorial opinion or partisan framing.
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