date:Jun 24, 2014
g to emulate the success of Brazil's booming biofuel industry, India launched its ambitious ethanol blending programme in 2006, but disagreements between sugar mills and oil companies over pricing stymied progress.
New Delhi is now trying to promote ethanol blending that could help it in reducing its current account deficit and also boost mills' earnings. Indian mills produce ethanol from molasses, a byproduct of sugar production.
The government is also considering extending the duration of re