MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (INDEPENDENT CHARGE) (SHRI DHARMENDRA PRADHAN)
(a): Details of Ethanol blended Petrol sales by Oil Marketing Companies (OMCs) and prices offered by ethanol vendors for Oil Industry Tenders/EOIs for the last three years and current year are given as under:
Financial year Ethanol Blended Petrol Sales in Kilo Litres IOCL BPCL HPCL 2011-12 2952290 1976175 1899973 2012-13 1895164 1197956 1079252 2013-14 2146508 1314903 1511512 April to June 2014 820622 375906 513942
Expression of Interest (EOI)/Tenders Ethanol Base Price Per Kilo Litre EOI floated in 2010 Rs.27000 EOI floated in 2011 Rs.27000 EOI floated in 2012 Rs.27000 Public Tender floated in January 2013 Rs.32000 to Rs.38000 Public Tender floated in July 2013 and Rs.34000 to Rs.38000 follow up EOI floated in January 2014.
However, Ethanol is not blended with Diesel.
(b): With a view to increase production of ethanol, the Government is providing soft loans up to 40% of the project cost to the sugar mills from Sugar Development Funds (SDF) for setting up ethanol projects.
(c)&(d): The Government had decided on 22.11.2012 that in case of any shortfall in domestic supply, the OMCs and Chemical companies are free to import ethanol. However, the global tender floated by OMCs on 18.01.2013 for 82 crore litres of ethanol, could not be finalised due to high prices sought by the vendors and the global tender was closed by the OMCs.
The Government decided on 3.7.2013 that OMCs would procure ethanol only from domestic sources to achieve the mandatory requirement of 5% ethanol blending with petrol in areas/parts of the country where sufficient quantity of ethanol is available. In other parts of the country, blending of ethanol may be increased progressively depending upon the availability of ethanol to reach the 5% mandatory level.
Download PDF Files