Record production of ethanol may cut fuel bill

New Delhi: Sugar mills recorded the highest ever production of ethanol of more than 110 crore litres during 2015-16 crop year, over 50% more than what was produced during the previous year. According to food ministry officials, this resulted in achieving 4.4% ethanol blending in petrol, which was almost double of 2014-15. Government has set a target of increasing this blending of ethanol in petrol to 10% in its bid to reduce import of crude oil.