New Delhi, March 23 (IANS) Prime Minister Narendra Modi stated on Monday that the government possesses a strategic petroleum reserve and is in the process of building more reserves. He also noted that over the past decade, the sources of energy imports have been hugely diversified. “We have a strategic petroleum reserve of more than 53 lakh metric tonnes, and plans are underway to build another reserve of 65 lakh metric tonnes,” PM Modi said on Monday, while briefing the Lok Sabha on the Wes…
Latest Ethanol News & Updates
New Delhi, March 13 (IANS) The outlook for India’s sugar sector remains stable with comfortable domestic demand–supply dynamics even as global sugar prices have declined sharply due to surplus supply from Brazil, a report said on Friday.According to ICRA, international sugar prices in the 2026 sugar year have remained below current production costs and domestic price levels, largely due to higher global output.Global sugar production for SY2025–26 is estimated at about 189.3 million metric…
New Delhi, Jan 26 (IANS) Under the leadership of Prime Minister Narendra Modi, India is witnessing a major transformation in its energy sector, with strong focus on bio-energy, ethanol blending and circular economy solutions, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said on Monday. This vision is being prominently showcased at the India Energy Week (IEW) 2026, Puri added.Speaking on the sidelines of IEW 2026, Puri highlighted that India has made remarkable progress in bio-fuel…