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One vehicle, two fuels: India bets big on flex-fuel revolution - what is it?
India’s push for flex-fuel vehicles can help meet twin national goals of cutting crude oil imports and reducing carbon emissions, but will require a full supporting ecosystem from fuel availability to wider model launches, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Thursday. Speaking at the launch of the company’s first flex-fuel car, Wagon R, Takeuchi said the technology offers benefits that extend beyond the automobile sector, supporting farmers, ethanol producers and the...
500 ethanol pumps by year-end: Union minister Hardeep Singh Puri
Around 500 ethanol dispensing stations (E100) will be set up in the country by Dec and 5,000 by 2027, petroleum minister Hardeep Singh Puri said Thursday. The move is aimed at accelerating penetration of flex fuel vehicles (FFVs). Puri made the announcement at launch of India’s first flex-fuel car — WagonR by Maruti Suzuki — which can run on ethanol blended fuel beyond the current 20% threshold, signalling a fresh push to put more ethanol at pumps and less imported fuel in vehicles.
E85 fuel to get Rs 20/litre cheaper as India ramps up ethanol push
India’s clean fuel journey is stepping up a gear, with state-run oil firms gearing up to roll out E85 petrol at a discounted price across the country. State-run oil marketing companies will offer E85 fuel at a discount of Rs 20 per litre compared with E20 petrol to make up for the biofuel’s lower energy content, petroleum and natural gas minister Hardeep Singh Puri said after inaugurating an E85 dispensing facility at a petrol pump in Delhi. E85 is a fuel blend containing 85% ethanol and 15%...
India expands ethanol map: 5,000 fuel stations planned by 2027 end
India is set to hit the accelerator on its ethanol drive, laying the groundwork for a wider ethanol fuel network as it looks to cut down dependence on imported fossil fuels. Under the plan, ethanol dispensing stations will begin appearing in several cities, with the network set for a sharp expansion over the next two years. Petroleum and natural gas minister Hardeep Singh Puri said that the rollout will start with 50-100 ethanol fuel stations across Delhi-NCR, Pune, Mumbai and Nagpur.
Titan, Bharti Airtel & more: Top stocks to watch on June 8
Morgan Stanley maintained its overweight rating on Titan with the target price at Rs 5,182. Analysts projected a 19% annual jewellery revenue growth for Titan through FY30. The company is aiming to increase market share from 8.5% to 11%.