The centre approved the revision of ethanol procurement prices for public sector Oil Marketing Companies (OMCs) for the Ethanol Supply Year (ESY) 2024-25.
The period extends from November 1, 2024, to October 31, 2025, under the Government of India’s Ethanol Blended Petrol (EBP) Program.
The ex-mill price of the ethanol derived from C Heavy Molasses (CHM) has been increased from ₹56.58 to ₹57.97 per litre, marking a 3% rise.
Ethanol blending by public sector OMCs surged from 38 crore litres in ESY 2013-14 to 707 crore litres in ESY 2023-24.