"We need to have amendment in the Ethanol Policy which will help in blending it with petrol and diesel. It may also help in reducing the prices of petrol," he said.
"Since ethanol is green fuel, the state government is completely in favour of ethanol blending. We will take a delegation to Central Government in this regard," Patil said.
The minister said the state was supplying ethanol to the tune Rs 2.20 crore litre to oil companies whereas the agreement done with them is of Rs 4.76 crore.
Patil said a successful experiment was conducted in state transport buses of Karnataka, wherein they blended 5 per cent ethanol with petrol.
"We have the potential to generate ethanol as we have the infrastructure for it. The blending of ethanol can be useful in the current crisis situation as the farmers can be benefited through it," Patil added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
