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
The industry has sought 5 per cent GST on flex-fuel two-wheelers and a price guarantee on fuel for flex-fuel vehicles
These projects are expected to add to the additional capacity of about 35 crore litres
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 .
E20 is petrol blended with extent to 20% ethanol
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
For the 2019-20 sugar season, government had fixed a target of producing 2.60 billion litres of ethanol.
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)
For the first time announces procurement price for ethanol produced from sugarcane juice, b-grade molasses
Oil Minister Dharmendra Pradhan said govt will move towards market dynamic pricing system