Diabytes
Ethanol price News
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Nitin Gadkari said petrol fuel will be over in next 5 years
Ethanol-blended petrol will replace regular fuel in India
Govt has asked manufacturers to make flex fuel vehicles
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The price will increase by up to Rs 1.47 per litre.
The increased rates will come into effect for the 2021-22 marketing year starting December.
A higher blending of ethanol in petrol will help cut India its oil import bill.
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Also, OMCs will pay GST and transportation charges.
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