Alternative Fuel
India's Ethanol Project Activity Remains Strong
Industrial Info is tracking 22 ethanol projects in India with a total investment of US$1.73 billion.
Released Tuesday, August 20, 2024
Researched by Industrial Info Resources (Sugar Land, Texas)--Ethanol, a renewable fuel made from various plant materials such as sugarcane, broken rice, maize, etc., has attracted multiple capital investments in India after the government introduced the blending of ethanol in petrol. Currently, 11.6% ethanol is being blended with petrol with the target of 20% ethanol blending by 2025. Ethanol-blended petrol can save huge quantities of carbon-dioxide emissions.
Industrial Info is tracking 22 ethanol projects in India with a total investment of US$1.73 billion. Gujarat Alkalies & Chemicals Limited (Vadodara, India)) is the highest investor, with an upcoming 36.2 million gallons per year.
One of the country's largest ethanol projects presently underway comes from Krishak Bharati Cooperative Limited for a grassroot plant that will produce about 21.8 gallons per year when completed in 2025. Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuels Project Database can learn more by viewing the project report.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
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