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India’s Cabinet to Fix Ethanol Price Within a Month

Nov. 21 (Bloomberg) -- India’s federal cabinet will set the final price for ethanol within a month, Minister for New and Renewable Energy Farooq Abdullah told reporters in New Delhi today.

Oil marketing companies currently pay sugar mills 27 rupees per liter for ethanol.

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To contact the reporter on this story: Prabhudatta Mishra at pmishra8@bloomberg.net

To contact the editor responsible for this story: Thomas Kutty Abraham at tabraham4@bloomberg.net

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