THE DEADLINE for achieving E20 or 20 per cent ethanol blended petrol in the country has been advanced from 2030 to Ethanol Supply Year (ESY - from November 1, 2024-October 31, 2025) 2025. Sector watchers, however, say this exercise should have happened two years ago, as E10 or 10 per cent ethanol blended petrol, as part of the Ethanol Blended Petrol (EBP) programme, had become a reality in June 2022, a full five months ahead of the November 2022 deadline.
Now, this begs the question: are we on schedule to meet the E20 deadline by November 2025? Those who track the sector closely think otherwise. "In ESY 2024 (November 12023-October 312024), we were to achieve 15 per cent ethanol blended petrol. We may touch 14 per cent at best," says a senior analyst.
Therefore, in order to achieve E20, some tough questions need to be answered. For example, achieving the E20 petrol goal means better utilisation of both grain and sugarcane feedstock to increase its supply. What is the situation of grains? What is the outlook for sugarcane production? Ethanol is produced from two types of feedstock sugarcane and food grains (mainly rice and maize). In the last two years, the overall production of both the feedstock have been hampered due to changing climatic conditions, uneven monsoon among other factors
Why EBP?
EBP reduces India's dependence on imported crude oil by substituting a portion of petrol with domestically produced ethanol, thereby enhancing energy security. The EBP programme supports farmers by creating a market for crops like sugarcane and corn, which are used to produce ethanol. This can help stabilise agricultural incomes and boost the rural economy. Ethanol is a cleaner-burning fuel than petrol, leading to reduced carbon emissions and contributing to India's climate goals. By reducing oil imports, EBP helps save foreign exchange, which is crucial for India's trade balance.
Bu hikaye BW Businessworld dergisinin September 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye BW Businessworld dergisinin September 07, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
'Committed to helping India achieve carbon neutrality'
R. Purushothaman on how Danfoss India, part of Danish MNC, is supporting the nation's carbon neutrality goals with innovative products
INTELLECTUAL DEPTH & ACTIONABLE INSIGHTS
Anil K. Khandelwal is a transformational leader, who invites readers to rethink leadership as a journey rather than a destination. In The Gym of Leadership, he emphasises that helmsmanship is not a badge of authority but a commitment to creating a positive impact, says Srinath Sridharan
AN INDUSTR BENCHMAR
The MacBook Pro M4 doesn't just set the bar for laptops-it becomes the bar. With unmatched performance, breath-taking design and incredible endurance, Apple's latest offering redefines what a laptop can achieve, says Sahil Mohan Gupta
The drip of good health
IV therapy seems to be a popular procedure with people in pursuit of good health and glowing skin. We spoke to medical experts about aspects to keep in mind before walking into a wellness centre to get that drip.
"MACARONS FOR THE MASSES"
CHANDNI NATH ISRANI, the driving force behind Ladurée's India expansion, redefines luxury in the F&B sector. With four flourishing Ladurée outlets established since 2021, Israni is making iconic French pastries and delicacies accessible to the Indian market. BW Businessworld sits down with the visionary entrepreneur to discuss her journey in building the luxury brand and her strategy for democratising gourmet experiences
NAVIGATING THE PATH TO PROFITABILITY: A STARTUP'S BALANCING ACT
WHEN EVALUATING startup profitability, it’s crucial to break it down into two main components: unit economics and fixed costs. Unit economics refers to the profitability of delivering each singular order, which involves analysing transaction margins against costs incurred, such as delivery and payment gateway fees. This assessment helps gauge whether a business model is sustainable at a micro level.
THE HOLY GRAIL OF PROFITABILITY
Profitability for startups is elusive, often overshadowed by growth and investor expectations. Achieving profitability requires a delicate balance between revenue generation and cost management, with factors like market dynamics and competition playing significant roles
"WE ARE FOCUSED ON BUILDING A RESILIENT AND SELF-SUSTAINING SEMICONDUCTOR ECOSYSTEM"
S.KRISHNAN, Secretary of the Ministry of Electronics and Information Technology, outlines India's ambitious plan to build a resilient and globally competitive semiconductor industry through the India Semiconductor Mission
Shaping the Future of Cyber Risk Management
With its mission to advance cyber risk quantification through the FAIR (Factor Analysis of Information Risk) model, the institute empowers businesses to align cybersecurity with broader objectives using structured, data-driven insights. Managing Director TODD TUCKER discusses how the institute’s methodologies and community-driven approach are reshaping industry standards worldwide, including growing interest in India and Asia Pacific
THE PILLAR OF A RESILIENT DIGITAL FUTURE
The rapid evolution of digital technologies has transformed the world, driving unprecedented connectivity and innovation. Yet, as the digital realm expands, so do vulnerabilities, with cyber threats emerging as critical challenges for businesses, governments and individuals
