Ethanol purchase price may be hiked by up to Rs 2 per litre next year

Some officials feel increase should be limited to Rs 2 per litre

The Centre may raise the purchase price of ethanol across all categories by up to Rs -2 per litre for the 2022-23 season (December-November).

On the contrary, the ethanol manufacturing industry is bullish on a steeper increase in the price at which oil marketing companies (OMCs) would purchase ethanol from them next year.

“Based on internal discussions, it was understood that the purchase price of ethanol could be hiked by up to Rs 2. That is the upper limit with which we are comfortable,” an official from the petroleum ministry said.

He said details have been sent to the minister