During Ethanol Supply Year (ESY) 2020-21, 302.30 crore liters of Ethanol has been procured by OMCs (Oil Marketing Companies) for blending purpose till 30th November, 2021.

This was possible because the government made feedstock wise enhanced ethanol prices attractive. The prices announced for the ongoing Ethanol Supply Year (ESY) 2021-22 from C heavy Molasses at Rs. 46.66 per liter; B heavy Molasses at Rs. 59.08 per liter;  sugarcane juice/sugar/sugar syrup at Rs. 63.45 per liter; Maize and damaged food grains at Rs. 52.92 per liter; from surplus rice available with FCI at Rs. 56.87 per liter.

The Minister of Petroleum & Natural Gas had remotely flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EoI Scheme from Indian Oil’s Tikrikalan Terminal, Delhi. The GST rate on biodiesel, which is sold to Oil Marketing Companies for blending with diesel, has also been reduced from 12% to 5% by the Ministry of Finance with effect from 1st October, 2021.

Under Sustainable Alternative Towards Affordable Transportation (SATAT) initiative was launched wherein Oil and Gas Marketing companies are inviting Expression of Interest (EoI) from potential entrepreneurs to procure Compressed Bio Gas (CBG). Under this initiative, 2,700 Letters of Intent (LoIs) have been issued till 15th December 2021. Supply of CBG initiated from 16 plants through 26 ROs and injection of CBG in CGD network at one place in Gujarat.