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Indian bio-fuel industry going nowhere-I: Ethanol imports to go up
Jul 03: 8The Indian bio-fuel industry does not seem to being going anywhere for now.
8India in 2016 achieved its highest ever ethanol market penetration, a gasoline blend rate of 3.3 percent on average across the country. 
8But tight ethanol supplies through 2018 will limit further gains or even shrink that percentage of penetration.
8As a result, the ethanol blending program (EBP) is likely to expand but at a slower pace as demand has to be met by increasing imports
8Imports that emerged in 2015 is expected to grow rapidly through 2018.
8Ethanol imports will rise from 400 million liters in 2016 to 600 million liters through 2018.
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