IndianOil Sets Record with Biodiesel Blending and Advances in Ethanol Fuel

IndianOil has blended 23.24 crore litres of biodiesel with regular diesel, achieving a record 0.49% blending ratio. Recognized at the India Bio-Energy & Tech Expo 2024, it is leading India's biofuel revolution with significant milestones, including a 15% ethanol blending in petrol and pioneering advances in ethanol production.

IndianOil has established a new industry benchmark by blending 23.24 crore litres of biodiesel with regular diesel, achieving a record blending ratio of 0.49 percent. This accomplishment surpasses the previous 0.43 percent benchmark set by other oil marketing companies (OMCs) and signifies a crucial milestone on India's path to a sustainable energy future.

This fiscal year, IndianOil has already reached a 0.73 percent biodiesel blending ratio, reinforcing its leadership in the sector. The company's pivotal role in the biofuel revolution was acknowledged at the India Bio-Energy & Tech Expo 2024. IndianOil's progress aligns with national goals, having achieved over 15 percent ethanol blending in its base petrol, moving towards the 20 percent target by 2025.

The E20 fuel, containing 20 percent ethanol, is now available at nearly 7,000 IndianOil fuel stations across the nation, highlighting the company's commitment to expanding green fuel availability. Additionally, IndianOil has introduced India's first ETHANOL-100 fuel, available at 400 stations in various states, and has been innovative in ethanol production with the establishment of India's first 2G ethanol plant and the world's first 3G ethanol plant in Panipat.

IndianOil's leadership in the biofuel sector was further recognized when it received the Biodiesel Association of India award for the highest biodiesel blending during FY 2023-24. The award was presented by Nitin Gadkari and Hardeep Singh Puri to V Satish Kumar at the India Bio-Energy & Tech Expo 2024 in New Delhi. Gadkari outlined a vision for reducing fossil fuel usage by 50 percent within five years and emphasized biofuels' importance, while Puri praised IndianOil's contributions and urged the automobile industry to develop E100-compatible vehicles.

(With inputs from agencies.)