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Union Minister for Road Transport and Highways, Nitin Gadkari on Monday said that the research on blending 15 per cent ethanol in diesel is in advanced stages, and the Centre is exploring the prospects around how to prioritise it based on sound evidence. Addressing the 12th ‘CII Bioenergy Summit 2024’ in the national capital, the minister urged the industry to focus their research on the most efficient sources of biomass, as well as efficient transportation of that biomas...
Research on 15 pc ethanol blending in diesel enters advanced stage: Nitin Gadkari
India is considering raising domestic prices of ethanol and sugar, the food minister said on Thursday, as the country seeks to boost local supplies. Reuters reported this month that India, the world's biggest sugar producer after Brazil, was planning to extend a sugar export ban and raise the price at which oil companies buy ethanol from sugar mills.
India considering raising sugar and ethanol prices, minister says
India plans to extend a ban on sugar exports for the second straight year as the world's biggest consumer of the sweetener grapples with the prospects of lower cane output, government sources said. 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 with direct knowledge of the matter. They did not wish to be identified as deliberations were not public. India's absence f...
India to extend sugar export ban to boost local supplies, ethanol output, sources say
A push by India to make more corn-based ethanol has turned Asia's top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains. The jump in import demand comes after India in January hiked the procurement price of ethanol made from corn to drive a shift away from sugarcane-based ethanol for blending in gasoline. With the government promoting ethanol in gasoline to reduce carbon emissions and trying t...
Analysis-Ethanol push turns India into corn importer, shaking up global market
The stocks of sugar companies jumped after the government removed the cap on sugar diversion for ethanol production for ESY (Ethanol Supply Year - December to November) 2024-25. Dalmia Bharat Sugar and Industries is currently trading at Rs. 477.75, up by 35.65 points or 8.06% from its previous closing of Rs. 442.10 on the BSE. Shree Renuka Sugars is currently trading at Rs. 50.47, up by 3.09 points or 6.52% from its previous closing of Rs. 47.38 on the BSE. Dhampur Sugar Mills is cur...
Sugar stocks sweeten as Government lifts diversion cap for ethanol production
India will make a decision on sugar industry calls for a hike in the minimum selling price (MSP) in the coming days, a senior government official said on Saturday, adding that ethanol policies would be set before the start of the next season. India, the world's largest sugar consumer, restricted the use of sugar in ethanol production during the 2023/24 marketing year that ends on Sept. 30 and also prohibited exports to keep a lid on domestic prices. "We are discussing the MSP (...
India set to decide soon on sugar selling price, ethanol use
The Central government on Thursday directed sugar mills to not use sugarcane juice for producing ethanol in 2023-2024 as it is worried that the country’s sugar output may fall which would lead to a spike in prices. Ethanol is supplied to oil marketing companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum for blending with petrol. The government notification states that sugar mills can continue to produce ethanol from B-Heavy molasses, which is a by-product in suga...
Government bars sugar mills from using sugarcane for ethanol production
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