Ethanol policy might lead to a cut in India’s sugar production to 30.5 million tonnes next season

India’s sugar production is likely to decline marginally to 30.5 million tonne in the next 2021-22 season as more sugarcane is being diverted for ethanol making. Sugar production was estimated to have reached 31 million tonne in the 2020-21 season (October-September). India is the world’s second biggest sugar producer after Brazil. “Sugarcane crop by and […]

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State-owned refineries to set up ethanol plants at a cost of Rs 7,000 crore

State-run oil marketing companies Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have been given the mandate to set up around 12 ethanol manufacturing plants as part of a road map to meet the 20% ethanol blending target by 2025. Tarun Kapoor, secretary, ministry of petroleum and natural gas, told Financial Express that the three oil majors have […]

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India’s sugar production estimated to remain steady at 31 million tonnes during 2021-22: ISMA

India’s sugar output during 2021-22 is estimated to remain flat at around 310 lakh tonnes in the next marketing year starting October on higher diversion of cane juice for ethanol manufacturing, according to industry body ISMA. Sugar marketing year runs from October to September. The total area under coverage for sugarcane is estimated to be […]

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India bets Rs 50,000 crore for 20 per cent blending of ethanol with gasoline; to reduce dependence on crude imports

India is set to spend almost $7 billion to boost ethanol production as it prepares to roll out a greener mix of gasoline that may cut its dependence on foreign oil. About 10 billion liters of ethanol will be required each year to meet the 20 per cent ethanol-blended fuel standard by 2025, India’s Oil Secretary Tarun Kapoor said in an […]

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