<h1>India Raises Ethanol Price from C-Heavy Molasses to Boost Production, Targets 20% Petrol Blending by 2025-26</h1> The Indian government has increased the procurement price for ethanol made from C-heavy molasses by Rs 1.69 to Rs 57.97 per litre for the 2024-25 supply year, while keeping prices for ethanol from other feedstocks unchanged. This move aims to boost ethanol production and help achieve a 20% ethanol blending target in petrol by 2025-26. The decision, made by the Cabinet Committee on Economic Affairs, is intended to benefit farmers and the environment. Ethanol blending has significantly increased over the years, contributing to substantial foreign exchange savings and crude oil substitution.