1. Hardeep Singh Puri, the Union Minister for Petroleum and Natural Gas, highlights the significant potential of ethanol blending in petrol to save ₹24,300 crore in foreign exchange by reducing India’s reliance on imported crude oil.
  2. The minister projects the blending of 509 crore liters of ethanol with petrol in the fiscal year 2022-23, indicating a substantial increase from previous levels and underscoring the government’s commitment to promoting ethanol as a renewable fuel source.

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