Ethanol Production

The two major sugar producing nations in the world can play an important role in ethanol trade at the global level

BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant

The government increases ethanol blending in petrol from 1.53% in 2013-14 to 10.17 per cent in 2022 and advanced its target to achieve 20 per cent ethanol blending in petrol from 2030 to 2025-26

With the aim to benefit farmers, an ethanol unit will be established at Mysugar factory in Mandya next year, said Karnataka Chief Minister Basavaraj Bommai on Friday

The Chhattisgarh govt signed the MoUs at Chhattisgarh Business Summit 2022 at India International Trade Fair-2022 in New Delhi on Tuesday

The industry has on several occasions told the government the price of ethanol produced from sugar juice or syrup should be based on returns on equity

UP govt is trying to integrate the sugarcane crop with lucrative ethanol value chain in order to provide fair prices to the farmers and protect the sector from the cyclical nature of the sugar market

The government's ambitious aim to double the blending target could face challenges from two of the three sources: Grain-based and biomass-based

The stock of sweetener hit a six month high and quoted at its highest level since April 2022

ICRA expects operating margins for sugar firms to remain in the range of 13.0 - 13.5 per cen in FY23 (in line with FY22 levels) supported by elevated sugar realizations as well as ethanol realizations

Analysts believe that the company sounded positive about the strong order inflows in the coming quarters, given government's target to achieve 20 per cent ethanol blending by 2025 (EBP-20)

HPCL-Mittal Energy Ltd will start up a bio-ethanol plant at its Bathinda refinery in northern India in 2023 as part of measures to reduce its carbon emission

He also argued that the sugar industry should try to create avenues through which ethanol could be sold directly to the automobile industry

The 20% ethanol blending target has seen sugar sector majors betting on expanding the ethanol capacity; the sector could see an investment of about Rs 10,000 crore in the years ahead

Some officials feel increase should be limited to Rs 2 per litre

On Oct. 1, 2022, when the new season begins, mills' carryover stocks from the previous season are expected at 6 million tonnes against 8 million tonnes a year earlier

The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.

The sugar and ethanol producer owes nearly Rs 4,800 crore to banks

The ethanol production in Maharashtra is likely to reach 140 crore litre next year, sugar industry representatives have said

Prime Minister Narendra Modi on Thursday said that ethanol blending with petrol, which was 40 crore litres before 2014, has now gone up to 400 crore litres now. The blending of ethanol with petrol has also increased the income of farmers, he said addressing a large gathering after inaugurating various projects of the Sabar Dairy near Himmatnagar town in Sabarkantha district of north Gujarat. The Sabar Dairy is a part of Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which makes and markets a whole range of dairy and milk products under the Amul brand. Modi said sustained efforts by his government, since it came to power in 2014, to increase the income of farmers during the last eight years are now showing results. The government's decision to mix ethanol with petrol has helped farmers increase their income as ethanol is derived from farm produce like sugarcane and maize, he said. "Today, the ratio of ethanol blending with petrol is over 10 per cent. Ethanol comes from