January 29, 2025 5:17 PM

Cabinet approves revised ethanol procurement prices

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, 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) Programme. The ex-mill price of ethanol derived from C Heavy Molasses (CHM) has been increased from ₹56.58 to ₹57.97 per litre, markin...