After lapse, India’s ethanol blending program to resume in October

摘要

Mumbai-India’s ethanol blending program is set to resume in October after having stalled for the last couple of years due to lack of supplies and an unattractive government-set price for the biofuel, industry sources said September 7. A tender issued last month by state-owned oil refiners Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited, seeking 1.05 billion liters of ethanol, received offers from manufacturers across the country, officials said.