16 September 2011 10:13 [Source: ICIS news]
The country’s ethanol demand for fuel blending is estimated to be at around 1bn litres in 2010-2011 and is expected to grow at an annual rate of over 6% in line with the growth rate in gasoline demand, said SG Mokashi, marketing manager at India-based ethanol producer, Godavari Biorefineries.
Mokashi was speaking at the sidelines of the Global Ethanol Focus 2011 conference in
The demand from
The Indian government’s plans to increase the country’s fuel blending requirement, from 5% to 10%, will further boost the demand from this sector to 2.2bn litres in 2011-2012 if implemented, Mokashi added.
Additional reporting by Lester Teo
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