Triveni Engineering increases bets on ethanol blending – to invest Rs 350 crore to double alcohol capacity over next 9 months
In June, the government had advanced the target of achieving 20% ethanol in petrol (E20) by five years to 2025. At present, the average blend is around 8-9%. Given the overall better prospects, Triveni announced a capex of Rs 350 crore to more than double it’s distillation capacity over the next 9 months. Key points … Read more