Prime Minister Narendra Modi on Tuesday said that the number of outlets offering ethanol-blended petrol across India has now reached 9,000, marking a significant increase in the availability of cleaner fuel options. Speaking at the inauguration of India Energy Week 2024 in Goa, Modi emphasized the government’s focus on expanding the biofuel sector as part of its broader energy transition goals.
The event, which is India’s largest energy exhibition and conference, brings together stakeholders from across the energy value chain to discuss and promote sustainable energy solutions. Modi highlighted the strategic importance of biofuels in India’s energy mix, in line with the government’s efforts to reduce carbon emissions and increase the use of renewable energy sources.
Highlighting India’s progress in the biofuel sector, the prime minister informed about India’s rising adoption rate. He said that ethanol blending witnessed a significant rise from 1.5% in 2014 to 12% in 2023 leading to a reduction in carbon emissions by about 42 million metric tons.
“Government has set a target of 20% ethanol blending in petrol by 2025”, he said. Recalling the initiation of 20% ethanol blending in more than 80 retail outlets during India Energy Week last year, PM Modi informed that the number of outlets has now increased to 9,000.
This development is part of India’s commitment to environmental sustainability and reducing its dependency on fossil fuels. The government has previously set a target for a 20% ethanol blend in petrol by 2025, aiming to decrease carbon emissions significantly.
India’s push for a diversified energy portfolio includes substantial investments in infrastructure, with a notable portion dedicated to the energy sector, aiming to meet the rising demand due to rapid economic growth. The prime minister also underscored the importance of global cooperation and investment in achieving India’s energy transition and sustainability goals, reflecting on the country’s aim to lead in the global green energy transition.
