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Ethanol Blending Hits 14.6%, Saving Rs 750 Billion in Forex Since 2018
Ethanol blending in petrol reached a record 14.6 per cent during the Ethanol Supply Year (ESY) 2023-24, with over 7 billion litres of ethanol blended, representing a notable rise from 5 per cent and 1.88 billion litres in ESY 2018-19. Minister of State for Petroleum and Natural Gas, Suresh Gopi, informed the Rajya Sabha about this development. He noted that the government’s Ethanol Blended Petrol (EBP) Programme had achieved nationwide coverage across all retail outlets as of 2024, up from 43,168 outlets in 2019. According to data provided by the Petroleum Planning and Analysis Cell (PPAC)..
Coal ministry picks applicants for Rs 85 billion gasification scheme
The Ministry of Coal recently announced the selected applicants for its Rs 85 billion Coal Gasification Incentive Scheme under Categories I and III. This initiative is part of the government’s efforts to promote cleaner energy solutions and achieve India’s target of 100 million tonnes of coal gasification by 2030. Under Category I, Bharat Coal Gasification and Chemicals, along with Coal India Limited (both independently and as part of the CIL-GAIL Consortium), have been chosen. Meanwhile, New Era Cleantech Solution has been selected under Category III. The Union Cabinet-approved scheme f..
Waaree Energies Secures 524 MW Solar Module Supply Orders
Waaree Energies announced that it had secured two solar module supply orders totalling 524 MW from renewable energy companies. The supply is set to begin in the on-going financial year 2024-25 and continue through 2025-26, according to a company statement. The company stated that it had received orders for module supplies of 364 MWp and 160 MWp from prominent renewable energy firms. It further mentioned that the customers are involved in owning, developing, and operating renewable power projects in India. However, Waaree Energies did not disclose the financial value of these orders. As one o..
