A top Indian commodities trader plans to increase ethanol production by 60,000 liters per day after purchasing 100,000 liters per day capacity ethanol plant. K.N. Group has also announced plans to build a 100,000 liters per day ethanol plant in western India.
In an interview with Reuters, Vijay Shrishrimal, managing director of Mumbai-based K.N. Group, told Reuters that the company is planning to add ethanol production from sugarcane juice. Currently, the company can only make ethanol from molasses.
India, the world’s third-largest oil importer, has set the goal of having a 20% ethanol blend in its gas supply by 2025.
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