BOMBAY, Jan 1 (Reuters) - India launched ethanol-blended petrol in several states on Wednesday to reduce its dependence on imported oil and help the ailing sugar industry as ethanol is its by-product.
The government directed domestic petrol stations in certain regions of these nine states to sell petrol mixed with five percent ethanol with immediate effect.
Ethanol, a bio-fuel mainly extracted from molasses -- produced in the sugar-making process.
"The sugar ...
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