India will achieve 20% ethanol blending target in 2025: Hardeep Singh Puri
Hardeep Singh Puri highlighted the government’s success in increasing ethanol blending in petrol, from 1.53% in 2014 to 16% in 2024, with the goal of reaching 20% next year. This achievement places India as the second-largest economy in biofuel blending, following Brazil.
Addressing the FIPI Oil & Gas Awards 2023 Ceremony in New Delhi, Petroleum and Natural Gas Minister Hardeep Singh Puri has stated that India is to achieve the 20% ethanol blending in petrol target in 2025. As of today, the ethanol blending is over 15% and the new target seems to be in range in a short time. He also said that the country is also set to expand its refinery capacity from 256.8 million metric tonnes per annum (MMTPA) in 2024 to 310 MMTPA by 2028.
Hardeep Singh Puri highlighted the government’s success in increasing ethanol blending in petrol, from 1.53% in 2014 to 16% in 2024, with the goal of reaching 20% next year. This achievement places India as the second-largest economy in biofuel blending, following Brazil.
The expansion of City Gas Distribution (CGD) coverage was also underscored by him, with 100% CGD area coverage expected in 2024, compared to just 5.5% in 2014.
Speaking at the event, the Minister also congratulated all participants for making the second edition of India Energy Week (IEW) 2024 a resounding success. Puri announced that the next edition of India Energy Week (IEW) 2024-25 will be held at Yashobhoomi, Dwarka, New Delhi, from 11th to 14th February 2025.
Puri highlighted that IEW has rapidly become a significant global energy platform, attracting millions of dollars in business and establishing itself as the new meeting point for energy professionals worldwide.
India Energy Week (IEW) 2025
The Minister shared key highlights of the upcoming IEW 2025, noting that it will feature over 700 exhibitors, 105 conferences, and attract more than 70,000 delegates. In comparison, the 2024 edition saw participation from over 600 exhibitors and 45 strategic and 46 technical conferences. IEW 2025 will also expand to host 10+ country pavilions, further showcasing the global significance of India’s energy ecosystem. He called on all participants to treat IEW 2025 as more than just a conference, but as a movement towards creating a greener, smarter, and more resilient energy ecosystem.