The two major sugar producing nations in the world can play an important role in ethanol trade at the global level
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
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
The government's ambitious aim to double the blending target could face challenges from two of the three sources: Grain-based and biomass-based
Reimburses Rs 17,409 cr to Cotton Corp; cotton procurement may not be needed, says secy
So far, the best ever ethanol blend with petrol has been around 5.2 per cent at all-India level.
Increase in minimum price of cane and export policy in new sugar season are also crucial to drive earnings
The Cabinet Committee on Economic Affairs (CCEA) is expected to decide on the same soon, say sources
Delhi govt allows firms to produce ethanol-based sanitiser up to June 30
Indian government is in the right direction says Sousa
The present biofuel policy is invitation to ecological disaster
The 2019-20 sugar season starts from next month and the peak crushing will happen in the first five-six months
According to the new rules, the price of ethanol derived from C heavy molasses has been increased from Rs 43.46 a litre to Rs 43.75 per litre
The decision was taken by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi here
Prices will drop to Rs 39 per litre from the current level of Rs 48.50-49.50 per litre