New Delhi: Govt will have to look at not only reducing price of high-ethanol blended petrol and pure ethanol, but also the cost of flex fuel vehicles (FFVs), which would be using the fuel, to create a high demand among consumers, experts said, acknowledging that current 20% blending has helped save India approximately 4.5 crore barrels of imported crude oil annually.

Petroleum Minister highlights E85's potential to save ₹195 crore in forex by shifting 1% of petrol vehicle sales to ethanol.

India is turning a new leaf in energy efficiency by rolling out E85 fuel, an environmentally friendly ethanol blend consisting of 85% ethanol, with a significant discount of Rs 20…