Hardeep Singh Puri addresses concerns over ethanol-blended fuel mileage and pricing
Union Petroleum Minister Hardeep Singh Puri addressed a query regarding public concerns that a 3-5% reduction in fuel efficiency should lead to a corresponding 3-5% price cut for ethanol-blended petrol. He stated that connecting fuel mileage directly to retail prices would lead to complete confusion. Emphasizing that fuel rates in India remain some of the lowest globally, he further explained that the purchase price for ethanol is determined on an annual basis.