Preparations on to implement policy of mixing 10 percent ethanol in petrol
Summary
Nepal is preparing to implement a policy to blend 10 percent ethanol in petrol to promote clean energy, reduce imports, and boost the domestic economy.
Key Points
- The policy to blend 10 percent ethanol in petrol in Nepal is ready to be implemented after extensive study over 20 years.
- Mixing ethanol is expected to reduce petrol imports by about Rs six billion annually and help reduce the trade deficit.
- The government will soon publish the policy in the Gazette along with setting quality standards and minimum pricing for ethanol.
- Private sector representatives stressed the need for a favourable environment to establish an ethanol industry, highlighting raw material availability and regulatory clarity.
