The Centre has exempted excise duty on petrol blends containing 22%, 25%, 27%, and 30% ethanol, following the approval of new fuel standards. The move is expected to encourage adoption of higher ethanol blends beyond the current E20 mandate, aiming to reduce crude oil imports, boost domestic biofuel use, and increase energy security amid global supply uncertainties.
Centre waives excise duty on 22% to 30% ethanol-blended petrol
