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Ethanol Price Hike

1 min read
NABARD ARDNABARD Grade AState AAO
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Context:

The Cabinet Committee on Economic Affairs (CCEA) has revised the ethanol procurement price for public sector oil marketing companies (OMCs) from ₹56.58 per litre to ₹57.97 per litre for the Ethanol Supply Year 2024-25 (November 1, 2024 – October 31, 2025).

What is Ehtanol?

It is obtained by feeding various raw materials or agricultural products through fermentation, and ethanol is used as a fuel. Ethanol is renewable fuel as it can be used in the pepping of gasoline, or it can work as an octane enhancer. This is also called grain alcohol, ethyl alcohol, or simply EtOH.

These are some applications of ethanol in agriculture:

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More on this exam

  • Fuel-Ethanol
    • This is a high-octane fuel, which could be used for automobiles. Having lower evaporative emissions, it is less flammable compared with gasoline.
  • Economic development
    • Ethanol production is turning into an economic engine in India creating value from such agricultural commodities as corn and sugar beets.
  • Feedstock
    • Under various feedstocks such as corn, sorghum, barley, sugar cane, sugar beets, crop residues, wood, and grasses, various feedstocks produce ethanol.
  • Byproducts
    • Some byproducts include corn oil, protein feeds, and distillers dried grains (DDG). These are produced from processes of ethanol production. The last one is treated as part of animal feed.
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