An effort by India to boost ethanol production has triggered a wave of investment in distilleries, but the program has ⁠become a victim of its own success: the supply of ethanol now outstrips demand. https://www.japantimes.co.jp/business/2026/03/25/markets/india-ethanol-producers-success/?utm_medium=Social&utm_source=mastodon #business #markets #india #energy #ethanol #fossilfuel #oil
India's ethanol producers feel the pinch of success

For the 2025 to 2026 ethanol supply year, Indian oil companies sought bids for about 10.50 billion liters of the fuel, but producers offered around 17.76 billion liters.

The Japan Times