Branch² Intelligence
Why Isn't E20 Cheaper Than E10 Or Pure Petrol? Government Explains
Key takeaway
E20 petrol costs more to produce than pure petrol due to current crude oil prices, government clarifies.
- Step 1Government clarifies E20 is costlier than pure petrol due to crude prices.
- Step 2Higher E20 price reduces consumer adoption, slowing ethanol blending progress.
- Step 3Slower blending reduces demand for ethanol, impacting sugar mills and distilleries.
Source: IN:NDTV Profit
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