A DDGS glut is hurting oilmeal demand, lowering oilseed prices, and driving Indian farmers to grow more corn and rice instead of soybeans and groundnuts, despite New Delhi's push to boost output
Prices for ethanol produced from B-heavy molasses and sugarcane juice/sugar/sugar syrup remain unchanged at Rs 60.73 and Rs 65.61 per litre, respectively
Sugar stocks, Ethanol price hike news: The price revision is being considered on priority to incentivise production and meet our blending goals, reports said
Use of 10% ethanol-blended petrol has led to a saving of over Rs 41,000 cr in the foreign exchange for the country, minister of state for environment, forest and climate change Choubey said .
The government on Wednesday hiked the price of ethanol extracted from sugarcane for blending in petrol by up to Rs 1.47 per litre for 2021-22 marketing year starting December
BJP president JP Nadda welcomed the decisions of Prime Minister Narendra Modi-led Cabinet to approve the mechanism for procurement of ethanol by public sector oil marketing companies (OMCs)