The USA-India Alliance to Thrust Ahead Ethanol Ecosystem in India
Tuesday’s meeting of the USA-India Trade Policy Forum held in New Delhi witnessed the USA’s manifestation to back India in achieving 20% ethanol blending with petrol targets by 2025. The support extended by the USA will primarily involve supplying extensive volumes of bioethanol to India for fuel purposes. The meeting further marked the agreement of the two countries on formulating collaborations to push forward their respective ethanol blending programs. India’s ethanol blending target falls under the country’s strategy to endorse clean fuel alternatives that could enable it to achieve 30-35% reduced carbon emissions by 2030 in compliance with the country’s target devised under the Paris Climate Agreement. A roadmap for achieving the 20% ethanol blending target was also released by India’s prime minister in June 2021. Ethanol prices is a volatile and flammable organic liquid that is industrially produced from the catalytic hydration of ethylene derived from fossil fuels in the pet...