Brazil's Petrobras offers ethanol contract with India
Published on Wed, Sep 13, 2006 at 15:14 | Source : Moneycontrol.com
Updated at Wed, Sep 13, 2006 at 21:24
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Brazil's Petrobras offers ethanol contract with India
Brazil's Petrobras has offered to enter into a long-term ethanol contract with India. The government is also mulling mandating PSU companies to buy sugar, ethanol assets in Brazil, reports CNBC-TV18.
Brazil's Petrobras has offered to enter into a long-term ethanol contract with India. The government is also mulling mandating PSU companies to buy sugar, ethanol assets in Brazil, reports CNBC-TV18.
Brazil is the largest producer of ethanol.The government is considering waiving all or part of the excise duties on ethanol-blended petrol.
It is also mulling promoting ethanol from sources other than molasses. PSU oil companies will start ethanol blended petrol from November.
Brazil is the largest producer of ethanol.The government is considering waiving all or part of the excise duties on ethanol-blended petrol. 
