India seeks higher ethanol blends after cutting Hormuz oil imports
NewsBytes | April 23, 2026 1:39 AM CST
Ethanol saves India 44 million barrels
This move isn't just about fuel: it's saving India around 44 million barrels of crude each year and has brought in over ₹1.36 lakh crore in foreign exchange savings over the past decade.
The government is all-in on biofuels, with E20 already rolled out and an aspiration to achieve 100% ethanol blending in the near future.
As Minister Nitin Gadkari puts it, energy self-reliance is key with global oil supplies so uncertain right now.
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