Ethanol petrol prices to fall as Centre scraps excise on E25, E27, E30: What it means for you

The Centre has scrapped the excise duty on petrol blended with 22%, 25%, 27% and 30% ethanol. The decision follows approval of standards for up to 30% ethanol blending, moving beyond E20. The development opens the door for higher-ethanol petrol at pumps, aiming to cut India's oil import bill.