Page 5 of ethanol

Modi, who addressed the gathering through video-conferencing, said the ethanol plant worth Rs 900 crore will provide a permanent solution to the problem of stubble burning in farms.

Rs 50,000 cr forex saved by blending ethanol with petrol in 7-8 years: PM Modi

Dedicating the second-generation ethanol plant of India Oil Corporation to the nation here, Modi said that the same amount of…

August 10, 2022 18:50 IST

PM to inaugurate IOC ethanol plant near Panipat tomorrow

India’s National Biofuel Policy, 2018, had envisaged 20% ethanol blending in petrol target by 2030; but the government has advanced…

August 9, 2022 04:40 IST

Excise waiver for biofuels widened

A 10% blending of petrol with ethanol does not require overhaul of autombile engines but a 20% blend could require…

July 6, 2022 04:45 IST

The reduction in GST on ethanol for blending from 18% to 5%, the differentiated and remunerative price regime for different feedstocks and signing tripartite agreements that guarantee offtake and financing inter alia are some of these measures.

Scaling up our ethanol blending programme

India launched the ethanol blending programme in 2003 but saw little progress for more than a decade. However, owing to…

June 15, 2022 05:00 IST

“The relief amount shall be payable by the respective OMCs after completion of each quarter for the supplies invoiced by the vendor in that quarter. Applicable GST of 5% shall be payable on the relief amount,” they said.

OMCs offer monetary relief to ethanol traders to quicken blending

The need for extra ethanol is all the more necessary now as the prices for Indian basket hit a decade’s…

June 11, 2022 05:00 IST

India turns 10% of its petrol green, targets a fifth by 2025

To meet the blending targets, OMCs are making huge investments in augmenting the blending infrastructure at their terminals and depots.

June 5, 2022 16:06 IST

Trade body joins hands with Taiwan for green technology

Cabinet approves host of amendments to biofuel policy; advances ethanol blending target by 5 years

These decisions will help India, which depends on imports for meeting 85% of its oil needs, to cut reliance on…

May 19, 2022 02:30 IST

Govt opens 6-month window for sugar mills to submit ethanol proposals

Ethanol capacity is being enhanced in order to reduce the country’s dependence on imported fossil fuels, save foreign exchange on…

Updated: April 22, 2022 21:02 IST

Although the government has put in place encouraging policies for capacity creation, the delay in bank loans is creating hurdles, he pointed out.

Oil marketing companies’ policies hampering ethanol production: Indian Sugar Mills Association

“To overcome the problem of finances for capacity creation, necessary approvals for bank loans should be given within seven days…

April 1, 2022 01:15 IST

According to a paper prepared by Niti Aayog, released by the Prime Minister in June last year, 760 crore litres of ethanol capacity will be required from the sugar industry using cane and molasses. The current capacity of the sugar industry is around 460 crore litres.

Oil marketing companies’ policies restricting new investments in ethanol production, say sugar mills

Alleging that OMCs are selectively signing long-term bipartite and tripartite agreements for purchase of ethanol for 10 years, ISMA urged…

March 25, 2022 05:30 IST

Maharashtra sugar mills submit bids to supply 111 crore litres of ethanol in current supply year

For the ethanol supply year 2021-22, OMCs have floated national tenders for supply of 465 crore litres.

March 3, 2022 06:30 IST

By 2025, the minister said the target is to divert 50 lakh tonnes of excess sugar to ethanol. (File)

Sugar mills, distilleries to earn revenue of over Rs 18,000 crore from ethanol sales in 2021-22 season

The minister observed that diversion of excess sugar to ethanol would solve the problem of high inventories of sugar, improve…

December 15, 2021 16:40 IST

However, besides these positives, PLI for enhancing ethanol production might also lead to certain unintended adverse consequences.

Sowing Trouble: The beginnings of an alcohol problem?

The PLI scheme to boost ethanol production could lead to unintended consequences for India’s food security and environment

July 29, 2021 05:00 IST

sugar stocks, Dalmia Bharat, Dwarikesh, Avadh Sugar

Sugar stocks rally: Dalmia Bharat, Dwarikesh, Avadh Sugar share prices zoom 20%; should you book profit?

Sugar stocks such as Dalmia Bharat Sugar and Industries, Dwarikesh Sugar, Avadh Sugar & Energy rallied up to 20 per…

June 7, 2021 15:06 IST

“To achieve 10% blending target at pan India level, there is a need to ensure that enough tankage capacity is available with the OMCs,” he says and adds that priority of allocation of inter-state supplies should also be rationalized by OMCs.

Oil marketing companies fail on ethanol lifting commitments, blending programme targets likely to fall short

According to sugar industry sources, due to the encouragement and incentives provided by the government, the sugar mills and distilleries…

February 17, 2021 01:30 IST

New method to develop alternative fuel from ethanol

Researchers have developed a more efficient way of converting ethanol to a better alternative fuel without creating unwanted byproducts. Ethanol,…

December 5, 2015 10:50 IST

Rise in ethanol supply helps govt save Rs 5,000 cr: ISMA

The sugar industry has contracted to supply 104 crore litres of ethanol between December this year and November 2016, compared…

November 25, 2015 00:05 IST

CCEA okays hike in sugar import duty to 40%

The govt has decided to raise import duty on sugar to 40 per cent, from 25 per cent, and remove…

April 29, 2015 15:19 IST

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