Brazil's market-driven fuel pricing allows flexible fuel blending
Isma had, in January, estimated net sugar production at 27.2 million tonnes after accounting for a diversion of 3.7 million tonnes towards ethanol
The Rs 1,400 crore-project will be set up in Baddi-Barotiwala-Nalagarh (BBN), Solan district, and is expected to create 1,000 jobs
The contract has been awarded by Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOCL) Hindustan Petroleum Corporation Limited (HPCL), Reliance Industries, and Nayara Energy
The Cabinet Committee on Economic Affairs has approved a rise in ethanol procurement price for Public Sector OMCs, setting it at Rs. 57.97 per liter for the 2024-25 EBP Program
Ethanol Blended Petrol (EBP) programme 2.0 is essential because the International Energy Agency forecasts India to be the biggest contributor to global oil demand in the years ahead
Also, a report by Infomerics Ratings showed that in the last five financial years WPI rose by 24.3 per cent over the past 5 years
A total of 47 projects from Bihar have been issued in-principle approvals for interest subvention on bank loans for establishing new or expanding existing distilleries, the government said on Wednesday. Currently, 22 ethanol distilleries - 8 molasses-based and 14 grain-based - are operational in Bihar, Minister of State for Food Nimuben Jayatibhai Bambhaniya said in a written reply to the Lok Sabha. The government is implementing the Ethanol Blended Petrol (EBP) Programme nationwide, with Oil Marketing Companies (OMCs) selling petrol blended with ethanol. Under the programme, the government has set a target of 20 per cent ethanol blending with petrol by 2025-26. To boost ethanol production capacity and meet blending targets, the Centre has introduced various Ethanol Interest Subvention Schemes from 2018 to 2022. Under these schemes, 47 projects from Bihar have received in-principle approvals, she said. For each Ethanol Supply Year (ESY), OMCs invite bids from distilleries for etha
ISMA has also called for reducing the GST on flex-fuel vehicles to 5 per cent and differential pricing on ethanol
Delays in the crushing season, which is impacting key states like Maharashtra and Karnataka, are contributing to the drop in sugar prices, says ISMA president
"Sugar diversion to ethanol will lead India to a tight sugar S&D (supply and demand) this season," the trader said in a note
Union minister Nitin Gadkari on Monday said that the research around blending 15 per cent ethanol in diesel is in advanced stages, and the government is exploring ways to prioritise it based on sound evidence. Addressing the Confederation of Indian Industry's (CII) Bio Energy Summit 2024, Gadkari further said according to government data, ethanol blending in India has surged from 1.53 per cent in 2014 to 15 per cent in 2024. Spurred by this progress, the government has set an ambitious target of reaching 20 per cent blending in petrol by 2025, the road transport and highways minister said. Gadkari said the progress on building an ethanol ecosystem -- where ethanol pumps can complement ethanol production and launch of vehicles that can run on ethanol are on fast-track in four states -- Karnataka, Tamil Nadu, Uttar Pradesh, and Maharashtra. He pointed out that Indian Oil has decided to put 400 ethanol pump stations. "We are meeting automakers as well including Suzuki, Tata, and ...
Says Centre considering demands of sugar sector
New Delhi also plans to raise the price at which oil companies buy ethanol from sugar mills as part of efforts to boost supplies of the biofuel, said the sources
17.3 mn metric tonnes of crude oil substituted, 51.9 mn tonnes of CO2 emissions averted, the minister said
he world's second-biggest sugar producer imposed restrictions on diverting sugar for ethanol production in December 2023 to increase sugar output after cane crop was hit by below-average monsoon rains
New energy transition platform Jakson Green on Wednesday said it has bagged an order from state-owned NTPC for setting up a plant to produce 4G ethanol from flue gas. The proposed plant at Lara in Chhattisgarh will produce 10 tonnes per day (TPD) of 4G ethanol from flue gases emitted from power plants, a company statement said. Using the latest carbon capture technology by Veolia Carbon Clean, the plant will capture 25 TPD CO2 from flue gases, significantly reducing greenhouse gas emissions, it said. Also, 3 tonnes per day of green hydrogen will be generated through 7.5 MW electrolyser, the statement said. Captured carbon dioxide (CO2) and generated hydrogen (H2) are combined via advanced microbial fermentation technology from LanzaTech Inc., converting these inputs into 4G ethanol, it explained According to the statement, Jakson Green has been awarded a critical role in India's groundbreaking project towards a greener future, establishing the world's first flue gas CO2-to-4G etha
Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Saturday filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed initial share-sale is a combination of fresh issue of equity shares worth Rs 325 crore and an Offer-for-Sale (OFS) of 65.27 lakh equity shares by promoters and an investor according to the draft red herring prospectus (DRHP). Private equity firm Mandala Capital AG Ltd is offloading 49.27 lakh shares through the OFS route. Proceeds from the fresh issue to the tune of Rs 240 crore will be used for debt payment and the remaining amount for general corporate purposes. The Maharashtra-based Godavari Biorefineries is one of the prominent manufacturers of ethanol-based chemicals in India. The company's diversified product portfolio comprises bio-based chemicals, sugar, different grades of ethanol and power. These products find application in a range of industries such as food, ...
India's ambitious plans for an agri-derived ethanol-fuelled transport sector rest on the twin pillars of remunerative rates and agricultural yields
Indian Oil Corporation has set up 100 per cent ethanol dispensing outlets at 400 petrol pumps in Maharashtra, Karnataka, UP, and Tamil Nadu, Oil Minister Hardeep Singh Puri said