Methanol blend on cards, may trim oil import bill by Rs 5,000 crore - News blog

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Sunday, December 22, 2019

Methanol blend on cards, may trim oil import bill by Rs 5,000 crore

Currently, vehicles in India use up to 10% ethanol-blended fuel. But the cost of ethanol production is comparatively high at Rs 42 a litre. Methonol, or methyl alcohol, is estimated to cost less than Rs 20 a litre. Indian Oil Corporation is already making M15 blended fuel — with 15% methanol and 85% petrol — available for commercial use.

from Oil & Gas-Energy-Industry-Economic Times https://ift.tt/35OLwtC
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