After ethanol, next focus is hybrid cars
NEW DELHI: With the government’s alternate fuel programme for doping petrol with ethanol set to go national from November 1, experts feel that the next stage will be to make alternate fuels and hybrid technology for automobiles commercially viable.
Ethanol suppliers, comprising distillers and sugar companies, have been forced to agree to competitive bidding when it comes to supplying ethanol to oil companies for 5% blending with petrol. “Ethanol, on an average, costs about Rs 21.50 a litre which is what we are expecting the distillers to quote,” says one oil company official.
Buyers such as Indian Oil Corporation and other oil refiners may not mind the price though issues of taxation on ethanol, considered industrial alcohol in states, still exist. When it comes to biodiesel, currently being produced from non-edible oilseeds for blending with diesel, taxation is little better.
story continued
Ethanol suppliers, comprising distillers and sugar companies, have been forced to agree to competitive bidding when it comes to supplying ethanol to oil companies for 5% blending with petrol. “Ethanol, on an average, costs about Rs 21.50 a litre which is what we are expecting the distillers to quote,” says one oil company official.
Buyers such as Indian Oil Corporation and other oil refiners may not mind the price though issues of taxation on ethanol, considered industrial alcohol in states, still exist. When it comes to biodiesel, currently being produced from non-edible oilseeds for blending with diesel, taxation is little better.
story continued
posted by anthony m, at Sunday, September 10, 2006
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