India will meet its target of 10% ethanol blending with petrol this year and reach 20% by 2030, according to Vijay Banka of Dwarikesh Sugar Industries Ltd.”We are already 9.45% and in the next year, blending percentage can go to at least 12%,” Banka told BloombergQuint’s Niraj Shah in an interview.The Indian government has scaling up blending targets. That’s prompted sugar companies from ramping up capacity.
The above news was originally posted on www.bloombergquint.com
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