Praj expects India to reach 20% ethanol blend

In India, Praj’s CEO expects the government to boost the ethanol blending mandate to 20% at some point in the future. About 4 billion liters of ethanol would be required to achieve that mandate. In an attempt to help boost sugar mills, the government approved a measure this week to drop excise tax on ethanol, which Praj sees as a move in the right direction and indication from government to continue supporting the fuel.

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