Page 8 - Sugar Mills

Sugar mills have cleared 90% cane dues worth Rs 22,807 cr: UP minister

Sugar mills had paid Rs 14,007 cr to farmers during corresponding period last year, says UP Minister

Sugar mills seek increase in duty to curb unwanted imports

Global price crash makes raw sugar viable even at 40% duty, mills' supply glut due to cheap import

Yogi Adityanath govt to take action against sugar mills flouting NGT norms

Out of 116 sugar mills, 56 have cleared all dues while there were no dues in case of 25 mills

Finance Ministry considering debt restructuring for sugar sector

Sugar prices have started rising but the industry is unable to make money

UP sugar output up 7-fold, crosses 750,000-tonne mark

Improvement in recovery ratio seen, 100 mills start crushing operations in state against 50 units last year

UP mills to procure Rs 22,500-cr of sugarcane

This would be 25% more than the value of cane procured by the 117 sugar mills in UP in the 2015-16 crushing season

Mawana sells Titawi for Rs 375 cr to Indian Potash

Rs 150 cr for farmers dues and Rs 225 cr to go to clear debt

HC hearing this week on Maharashtra mills' plea

3-month extension sought for adhering to new stock limit order from Centre

Centre imposes stock-holding limits on sugar mills

Mills can't hold more than 37% of total inventories as of Sept-end; limit would be 24% as of Oct 31

Excise duty concession on ethanol withdrawn for sugar mills

The mills said the abrupt withdrawal of the exemption would hurt their finances

Conditions for sugar mills to avail subsidy eased

The Cabinet Committee on Economic Affairs on Wednesday relaxed conditions for sugar mills to avail production subsidy, after taking into account low sugar output because of drought.The conditions were also relaxed because the subsidy was withdrawn abruptly as sugar prices in retail markets had risen beyond a reasonable limit. As the production subsidy scheme was withdrawn before schedule, mills that had met at least 50 per cent of their export target and mills with distillation capacity that have supplied ethanol in line with the revised schedule, would be eligible for the subsidy, an official statement said. Earlier, this subsidy was given to mills that exported their full quota and those who entered into ethanol delivery contracts with OMCs or oil marketing companies.The subsidy was initially calculated based on the estimated cane crushing of 255 million tonnes in 2015-16. But, the crushing has come down due to drought."However, production subsidy on actual cane crushing would be pro

Sugar mills move for early closure of crushing, lower exports still an issue

Export target of 4 million tonnes so far is still far away