In 2006, India was the seventh largest net importer of oil in the world. With 2007 net imports of 1.8 million bbl/d, India is currently dependent on imports for 68 percent of its oil consumption.EIA expects India to become the fourth largest net importer of oil in the world by 2025. Unless GOI supports Ethanol Blending program it remains as a vision itself not translating in to action.
Economic Potential And Relevance Of Biofuel Program In India
1.
2. Total Energy Consumption In 2006, India was the seventh largest net importer of oil in the world. With 2007 net imports of 1.8 million bbl/d, India is currently dependent on imports for 68 percent of its oil consumption. EIA expects India to become the fourth largest net importer of oil in the world by 2025. 06/25/09
3. Alcohol requirement Alcohol based chemical Industries: 1,100 million Lts. Potable Alcohol requirement: 1,000 million Lts. @5% ethanol Blending : 600 million Lts. @10% ethanol Blending : + 600 million Lts. ---------------------------- 3,300 Million Lts. India produces 1.3 billion Lts and requires almost 2 billion Lts if it has to cater 10% blending. Petrol Consumed in 2006-07: 9,295,000MT.Only 0.64% of petrol is replaced with Ethanol. Alcohol at 10% level requires another 10-15 million Klts, so a possible acreage growth of 25-30Million ton based on price rewarded to farmer. We have been discussing only Road, we are yet to talk of Rail,Ocean,Air Freight using Ethanol. 06/25/09