Adani Green Energy and the Andhra Pradesh government have signed a memorandum of understanding (MoU) to establish two major green energy projects in the state. The MoU with the government of Andhra Pradesh was signed by Gautam Adani in the presence of Chief Minister Jagan Mohan Reddy at the World Economic Forum in regard to […]
India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. Sugar marketing year runs from October to September. “Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18,” the ministry […]
India’s sugar production in the current 2021-22 season is expected to be 13% higher year on year, a government statement said. “As per the revised estimates production of sugar in the current sugar season 2021-22 is estimated to be about 350 lakh metric tonne (LMT) (after discounting diversion of 35 LMT of sugar to ethanol) […]
Maharashtra is facing a problem of plenty. Around 9 million tonnes of sugarcane still remain to be crushed in the final leg of the sugar season, reports Financial Express. Sugar commisisoner Shekhar Gaikwad said the state is likely to produce around 13.2 million tonnes of sugar for the sugar season of 2021-22. Maharashtra has crushed […]
India’s sugar exports may touch 85 lakh tonnes in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses, industry body ISMA said. While the country has contracted 72 lakh tonnes of sugar export, the physical exports have been around 56-57 lakh tonnes till March-end this year, it said. Sugar […]
Sugar mills in Maharashtra have filed bids to supply 111 crore litres of ethanol to oil marketing companies (OMC) for the ethanol supply year (December-November) 2021-22, claims a Financial Express report. This is expected to divert over 12 lakh tonne of sugar in the state with most of the ethanol being produced either from B […]
India’s sugar production increased by 6 per cent between October 1 and February 15 period of the 2021-22 marketing year at 220.91 lakh tonnes on higher sugarcane production while exports jumped over three-fold till January at 31.5 lakh tonnes, according to industry body ISMA. Sugar marketing year runs from October to September. The production stood at […]
Sugar production in India, the world’s second largest producing nation after Brazil, is estimated to increase by 2.90 per cent to 31.9 million tonnes in the ongoing 2021-22 marketing year, according to the first estimate released by the trade body All India Sugar Trade Association (AISTA). With estimated production of 31.9 million tonnes plus opening […]
Indian Oil (IOC) is setting up a 60-acre R&D centre in Faridabad for over Rs 3,200 crore, to support research in alternative energy domains. Besides offering fuel efficient, value-added fuel variants like XP95, India’s first 100 octane petrol XP100, Xtra green (diesel), the company is also investing around Rs 1,000 crore in 2G ethanol and […]
India’s food Secretary Sudhanshu Pandey has ruled out any hike in the minimum selling price of sugar from current Rs 31 per kg as domestic rates are higher and expressed confidence that exports will touch 50-60 lakh tonnes in the current marketing year starting October. Addressing 87th Annual General Meeting (AGM) of the Indian Sugar […]