The price hike was approved for 2021-22 marketing year starting December as part of the government's target to achieve 20 per cent doping by 2025
Ethanol blending with petrol has been achieved in all the states and UTs, and is likely to touch around 8.3 per cent in the 2020-21 marketing year ending November, according to a senior official of state-owned HPCL. Ethanol blending with petrol stood at 5 per cent in 2019-20. Addressing a webinar organised by Indian Sugar Mills Association (ISMA), HPCL ED C Sridhar Goud highlighted that blending is expected to jump to around 8.2-8.3 per cent in current ethanol supply year (December to November), from an average ethanol blending of 5 per cent in the last two years. He highlighted that the Ethanol Blending Programme (EBP) has reached the entire country. "Sikkim was the last state. Four days ago, we reached Sikkim as well. Ethanol blending is taking place in all states," Goud said. "Achieved Ethanol blending in all the States & UTs in current ESY 20-21," he said in the presentation. Goud expressed confidence that the blending level of 10 per cent would be achieved in the 2021-22 ...
Prices of Extra Neutral Alcohol (ENA) may face some headwinds as the government pushes towards its target of blending of 10 per cent fuel-grade ethanol with petrol by 2022, said Radico Khaitan
The record drop in stocks has largely been due to bumper exports of seven million tones and diversion of 2.1 million tones of sugar towards ethanol
Will achieve 8-8.5 per cent blending with petrol this year, says food secretary Sudhanshu Pandey
Triveni Engineering hit a record high of Rs 198 as the scrip rallied 18 per cent today, taking its gains to 31 per cent in the past two trading days
Prime Minister Narendra Modi on Saturday said the target date for achieving 20 per cent ethanol-blending with petrol has been advanced by 5 years to 2025 to cut pollution and reduce import dependence
The solution to the sugar Industry problem lies in any or a combo of a price stabilisation fund, the Gujarat model of payment of cane dues and increased focus on ethanol blending
The PM also talked about the growing share of non-fossil sources in India's installed capacity of electricity, rising to 38 per cent
Last year the government had set a target of reaching 10% ethanol-blending by 2022 - meaning 10% of ethanol mixed with 90% of gasoline - and 20% by 2030
Making ethanol from food products can increase stress
Move will cost govt Rs 4,573 cr, is a step forward in broader plan to achieve 20 per cent blending with petrol by 2030
However, experts say unless sources other than sugarcane, such as broken rice and maize are included as feedstock, it will be very difficult for the country to meet the 20% blending target by 2030
There is likely 1% fall in sugarcane area to 22.92 lakh hectares this year
In order to encourage mills to divert sugarcane to produce ethanol in the interest of farmers and sugar industry, soft loans of Rs 18,600 crore are being extended through banks to 362 projects
The policy, which could be a viable and long-term answer to the cyclicality in the sugar sector
The gap is expected to be met by non-sugarcane sources like wheat and corn
The decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi here
The general consensus seems to be tilting in favour of greater ethanol mix
The current consumption of fuel sets 3300 million litres of ethanol requirement to achieve 10 per cent of blending target by 2022 for the entire country