Indian E10 policy could cut fuel prices by 4 cents per liter

In India, the Hindu Business Line reports that achieving a 10% ethanol blend could reduce the price of fuel at the pump by 4 cents per liter. The government aimed to already have a 10% blending mandate in place by now but the ethanol industry’s lack of production capacity as well as feedstock challenges and issues with tenders run by the oil marketing companies have kept blending limited. Now the government hopes to achieve 10% blending by 2022.