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Petrol in Delhi would have cost around ₹125/litre without ethanol blending during crude spike, says Centre

Partially corroborated53

Petrol in Delhi would have cost around ₹125 per litre when global crude prices hit $135 a barrel, had ethanol not been blended into fuel, the Centre said. Defending the E20 programme, it said consumers instead paid ₹94.77 per litre, calling ethanol India's energy insurance against oil shocks.

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