New Delhi, July 10: The government has said that while E20 fuel may appear costlier at current crude oil prices, its long-term benefits include reducing India’s dependence on imported oil, saving foreign exchange, and increasing farmers’ income.
E20, a blend of 20 per cent ethanol with petrol, is part of India’s strategy to promote cleaner fuel alternatives and reduce reliance on crude oil imports. Officials highlighted that greater ethanol blending will help lower the country’s fuel import burden and improve energy security.
The government said the ethanol programme is also creating new opportunities for farmers by providing an additional market for agricultural produce used in ethanol production, thereby supporting rural incomes.
Although the price impact of E20 depends on global crude oil prices and market conditions, authorities emphasized that the broader economic benefits of the programme extend beyond fuel costs.
The initiative is expected to support India’s transition towards cleaner energy, strengthen the agricultural economy, and contribute to the country’s goal of reducing fossil fuel dependence.
