Nepal Prepares to Implement Policy Mandating 10% Ethanol Blending in Petrol
Summary
Nepal is preparing to implement a policy mandating 10% ethanol blending in petrol to reduce petroleum imports, boost agriculture, and support clean energy. The policy, after two decades of study, will soon come into effect with government and private sector collaboration.
Key Points
- Nepal is set to implement a policy mandating 10% ethanol blending in petrol to reduce petroleum import costs.
- The policy aims to boost agriculture, especially sugarcane production, and stimulate the domestic economy.
- Government studies on ethanol blending have been ongoing for about 20 years, and the policy order has been approved.
- Private sector representatives emphasize the need for clear quality standards, pricing, and regulatory mechanisms for successful implementation.
