India looking to buy 2.7 billion liters for blending but no imports allowed

August 27, 2015 |

In India, oil marketing companies have issues a tender to buy 2.7 billion liters of ethanol only from domestic sources, with imports ruled out. The fuel is meant to supply 10% of gasoline demand between December this year through November 2016. The current blend is 5% though the country has so far only managed to blend an average of 3%. Interstate duties and poor timing of tenders that don’t coincide with the early stages of the sugarcane crush have led to tepid responses to previous tenders.

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Category: Policy

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