STATE GOVT. RELEASES POLICY FOR ETHANOL BLENDING WITH PETROL

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• In an effort to encourage investors to set up units to produce ethanol for blending with petrol, the State government on Saturday said investors could obtain almost all the requisite standard clearances within 30 days.
• The Tamil Nadu Ethanol Blending Policy (EBP) 2023, released on Saturday by the Industries Department, said under the EBP programme, the State would encourage sugar industries to set up molasses-based ethanol plants and improve capacity utilisation.
• Oil marketing companies (OMCs), at present, source ethanol from other States, including Maharashtra and Karnataka.
• Indian Oil Executive Director and State Coordinator for Oil Industry V.C. Asokan, who welcomed the policy, said at present, OMCs were blending up to 12% of ethanol with petrol in the State.
• “Our target is to increase this to 20% by 2025 and we are increasing storage capacity in our terminals for the same. If units in Tamil Nadu supply ethanol at competitive rates, it would benefit the industry as well as the environment,” he said.
• Meanwhile, the State government also released the Tamil Nadu City Gas Distribution (CGD) Policy 2023 for the liquefied/compressed natural gas (CNG) to vehicles and piped natural gas (PNG) to homes.
• In Tamil Nadu, all 38 districts are to be covered with the CGD networkthrough which around 2.28 crore PNG connections and around 2,785 CNG stations are to be developed. It has an overall investment potential of around ₹35,000 crore.

Logistics policy

• The Tamil Nadu government has come out with a Logistics Policy and Integrated Logistics Plan 2023.
• The vision of Tamil Nadu Logistics Policy 2023 is “to promote an integrated, reliable, cost-efficient and sustainable logistics system in the State for enhanced competitiveness and fast-tracked economic development”.
• The Tamil Nadu Integrated Logistics Plan (TNILP), 2023, includes a strategic plan for the next 10 years — outlining identified interventions, their envisaged outcomes, timelines as well as key stakeholders responsible for their implementation.
• The policy aims at reducing cost of logistics (for export-import and domestic freight) in the State.

SOURCE: THE HINDU, THE ECONOMIC TIMES, PIB