ETHANOL PRICES ARE INCREASED

September 4, 2019 - Rutvi Rao

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The government on Tuesday announced that the prices of  ethanol  used by public sector oil companies to fuel the fuel will be increased. Newly announced prices will be implemented from December 1st It has been decided to increase the price of ethanol to reduce the import of one billion dollars of crude oil annually. The price of ethanol from ‘C-Heavy Molasses’ has been increased by 29 paise to Rs 43.75. While the price of ethanol from ‘B-Heavy Molasses’ has been increased by Rs 1.84 to Rs 54.27. In addition, the price of ethanol made from sugarcane juice has been increased from Rs 59.13 to Rs 59.48. While the price of ‘sea-heavy molluscs’ has been reduced from Rs 43.70 to Rs 43.46.

Rutvi Rao

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