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The rise in sugar cane costs will increase the value of bioethanol gas to IDR 15,101 per liter



JAKARTA, DISWAY.ID – The federal government via the Ministry of Power and Mineral Assets has set a brand new value for bioethanol biofuel which has elevated because of the value of sugar cane fibre.



Bioethanol value for July 2024 is IDR 15,101 per liter.

The Head of the Bureau of Communications, Public Info Companies and Cooperation of the Ministry of Power and Mineral Assets, Agus Cahyono Adi, disclosed that the Ministry of Power and Mineral Assets, via the Director Basic of EBTKE, has set a HIP for Bioethanol BBN for July . 2024 at IDR 15,101 per liter.

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“That is acknowledged in EBTKE Director Basic’s Letter No. T-2222/EK.05/DJE.B/2024 signed on 21 June 2024. This order is efficient as of 1 July 2024,” he stated , which was introduced on Sunday 7 July 2024.

And he stated that there was a rise in HIP Bioethanol BBN in July by IDR 479 per liter in comparison with the earlier month, which is IDR 14,622 per liter in June 2024.



Concerning the calculation of the value of HIP BBN Bioethanol, Agus defined, utilizing a predetermined system, that’s (3 months common value of KPB molasses x 4.125 kg/L) + 0.25 USD/L.

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And it adopted that the value of KPB molasses is on common from 15 January to 14 June 2024, which is IDR 2,682 per kg.

On the similar time, the change price conversion makes use of the common central price of Financial institution Indonesia for the interval 15 Could – 14 June 2024, amounting to IDR 16,159.

“So the value for HIP BBN Bioethanol for July 2024 is about at IDR 15,101 per liter,” he concluded.


2024-07-07 01:50:00
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