Downward revision in the sugar production to support the domestic sugar prices in the near term: ICRA

Domestic sugar production estimates for sugar year SY2020 are revised downwards by 7.8% to 26 million tonnes from the earlier preliminary estimate of 28.2 million tonnes (given by ISMA in July 2019). This along with the expected exports of 3.5 million tonnes (as against the government’s target of 6 million tonnes) in SY2020 is likely […]

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UP state government hikes molasses quota for country liquor to 18%; setback to sugar mills

The Yogi Adityanath government of Uttar Pradesh (UP) has hiked the reserved quota of molasses for country liquor makers to 18 per cent from the existing 16 per cent. The previous hike in the reserved quota was effected recently early September this year, from 12.5 per cent to 16. The additional 2 per cent hike thus amounts to a […]

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Tata Power, Rockefeller Foundation float dedicated arm to tap rural India opportunity

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Pwer major Tata Power has decided to float a dedicated micro-grid arm to tap the renewable opportunity in the rural India in partnership with the Rockefeller Foundation. The Rockefeller Foundation recently initiated the Global Commission to End Energy Poverty (GCEEP) programme to fast-track sustainable power solutions, investments, and partnerships globally over the next decade. This […]

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USDA revises down India’s sugar production forecast for marketing year 2019

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India’s out-year centrifugal sugar production will decline for the second consecutive year to 29.3 million tonnes, which is 14.6 per cent below the previous season, according to the latest data compiled by United States Department of Agriculture (USDA). This forecast includes 620,000 tonnes of khandsari (a local type of low-recovery sugar prepared by open-pan evaporation) […]

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New high-yield variety of sugarcane could revolutionise sugar cultivation

Developed by G Hemaprabha and Bakshi Ram of Coimbatore-based Sugarcane Breeding Institute, the sugarcane Co-11015 variety can increase yield to 142 tonne  petr hectare from about 100 tonne currently achieved through the Co-86032 variety. According to Ram, director of the institute, though the variety has been approved by Tamil Nadu it is yet to be […]

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