Starting
from today, customers can avail ETHANOL 100 at select 183 retail outlets across
five states – Maharashtra, Karnataka, Uttar Pradesh, New Delhi, and Tamil Nadu.
Shri
Pankaj Jain, Secretary, Ministry of Petroleum & Natural Gas; Shri Shrikant
Madhav Vaidya, Chairman, senior officials from MoP&NG, functional Directors
of IndianOil also participated in the launch ceremony.
Launching
the path breaking fuel, Shri Hardeep Singh Puri said that the launch of ETHANOL
100 was inspired by the vision of the Prime Minister of India to transform
Annadatas to Urjadatas. Calling it a revolutionary fuel, the Minister said that ETHANOL 100 fuel has the potential to transform
our transportation sector and reduce our dependence on fossil fuels.
“It
reflects the government’s commitment to reducing import dependency, conserving
foreign exchange, and boosting the agriculture sector. Since the Prime
Minister’s announcement on E20 (20% ethanol blended fuel) in 2023, the E20
availability has increased to 12,000 outlets in under a year, and now, with the
launch of ETHANOL100 at 183 outlets of IndianOil, we are close to achieving the
target of 20% ethanol blending by 2025-26. During the last 10 years these
ethanol blending initiatives have enhanced farmer incomes, increased rural
employment, reduced CO2 emissions equivalent to planting 1.75 crore trees and
resulted in savings of Rs 85,000 crore worth of foreign exchange” he stated.
Speaking
about the strides made by the country towards realizing vision of PM to reach
20% blending of Ethanol in Petrol by 2025-26, Shri Puri, said that Oil Marketing Companies (OMCs) have
been at the forefront of this endeavor, introducing various blends of Ethanol
with Petrol across the country. He said that OMCs have signed long term
offtake agreements with 131 dedicated ethanol plants. These plants are expected
to add an annual production design capacity of 745 crore litres. OMCs have also
invested in increasing storage capacity and allied infrastructure for handling
higher blending percentages, he added.
On the
occasion, Shri Jain, Secretary MoPNG, said “This move also affirms our
commitment to decarbonization. I extend my compliments to IndianOil for
spearheading this initiative. Their support signifies the permanence of ethanol
and flex fuels in our energy landscape”.
Addressing
the gathering, Shri Vaidya, Chairman, Indian Oil highlighted that India is among the few countries of the
world to have ETHANOL 100 fuel. He said “This marks a significant milestone
in India’s journey towards sustainability and clean mobility”.
ETHANOL 100 stands as a cleaner,
greener alternative to gasoline, boasting lower emissions of greenhouse gases and
pollutants, thus aiding in combating climate change and enhancing air quality
in our communities. With its high-octane rating, typically between 100-105,
ETHANOL100 proves ideal for high-performance engines, ensuring improved
efficiency and power output all while minimizing environmental impact.
Moreover, ETHANOL 100’s versatility shines through, as it can be used in a wide
array of vehicles, including flex-fuel vehicles (FFVs) designed to run on
gasoline, ethanol, or any blend of the two, showcasing its practicality and
potential to become a mainstream fuel option with the right infrastructure in
place.