Ethanol blending kept petrol prices below ₹125/litre, says government

The government stated that petrol rates might have reached nearly ₹125 per litre at the height of the West Asia conflict had ethanol blending not lowered India's reliance on foreign crude oil. It noted that consumers were charged ₹94.77 per litre, as state-run oil firms purchased ethanol at roughly ₹70 per litre. Additionally, the government clarified that there is no confirmed proof of frequent engine breakdowns caused by E20 fuel.

by shortkt.com
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Ethanol blending kept petrol prices below ₹125/litre, says government | ShortKT