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Plea to make blending of ethanol with petrol mandatory
Our Correspondent
Madurai, Oct. 28 The Sattur Chamber of Commerce and Industries has made an appeal for mandatory blending of ethanol with petrol.
The chamber Secretary, Mr P.T.K.A. Balasubramanian, in a letter addressed to the Prime Minister, Dr Manmohan Singh, said import of petroleum products draw a major portion of the foreign exchange. With the increase in prices of crude oil, more foreign exchange may get drained. To avert the situation, like in Brazil, a 10 per cent blending of ethanol with petrol must be implemented and made mandatory, it was noted.
Further, the rate of sugar per bag is declining since the beginning of the year and if the trend continued, farmers may switch over to other agricultural goods.
To avert this, instead of converting the molasses into ethanol, sugarcane juice can be directly converted into ethanol, benefiting most of the farmers and millers.
A subsidy may be granted to sugar mills to give a boost to the production of ethanol.
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