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