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Government of India Raises Procurement Price of Fuel Ethanol | Biofuels Agriculture in the Economy Sugar Agricultural Situation | New Delhi | India – 26th December 2014

26th December 2014

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<p>The Government of India (GOI) announced a price fixing scheme for fuel ethanol procurement by parastatal oil marketing companies (OMCs).</p><p>The program fixes landed-ethanol prices at OMC depots from INR48.50 to INR49.50 per litre, a three to five percent increase over the previous price.&nbsp; This will likely accelerate India&rsquo;s ethanol blending program (EBP), infuse cash into

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