Petrol to escape Rs 2 green tax from Oct on 10% ethanol blending

India has achieved nearly 10% ethanol blending of petrol months ahead of the target, a move that will spare consumers an additional Rs 2 per litre tax from October. The budget had proposed the additional tax on unblended petrol from October to speed up adoption of the cleaner fuel as part of the country’s energy transition and climate action plans.

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