The country’s sugar production is projected to rise by 13 per cent to 35 million tonne, while exports are likely to be 9.5 million tonne in the ongoing marketing year ending September 2022, according to the Food Ministry. About 99.5 per cent of cane dues amounting to Rs 92,480 crore of the previous year have…
ACS Sanjay R Bhoosreddy upholds review meeting of Excise & Sugarcane officials of Meerut division. As per the intention of the state govt., the Additional Chief Secretary, Sugar and Excise Department Sanjay R Bhoosreddy upholds the review meeting with the aim of increasing sugarcane payment and excise revenue on time to the farmers in the…
Sugar production this season, which will end in September, is estimated to be 350 lakh tonnes, after taking into consideration 34 lakh tonnes of sugar equivalent for ethanol production. A press release from the Indian Sugar Mills Association (ISMA) said the production till March 31, 2022 since October 1 last year was 310 lakh tones…
Praj Industries Ltd, India’s multinational process and project company, in collaboration with the Pune-based Automotive Research Association of India (ARAI), is developing a binder that will help blend ethanol with diesel, the company’s top official has said. “This project (binder) is in the testing phase and once the results are out, we will approach the…
Shares of Balrampur Chini Mills (BCML) hit a record high of Rs 462, as they rallied 4 per cent on the BSE in Thursday’s intra-day trade on strong business outlook. With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve. The stock…
Across Bihar, huge billboards with this piece of advice can be found in every city, village and marketplace. Chief minister Nitish Kumar features prominently on them, as does a toll-free number encouraging people to tip off the authorities on consumption, stocking, sale and manufacture of liquor. Alcohol consumption has been banned in Bihar since 2…
The world’s first ethanol production refinery project from bamboo with a daily capacity of 30,000 litres is to be built in India, following an agreement signed between a Hyderabad-based company and a farmers’ company in Maharashtra’s Latur. This will not just offer ethanol at competitive prices but also provide livelihood opportunities to farmers who can…
Shares of sugar companies were in demand and rallied up to 18 per cent on the BSE in Tuesday’s intra-day trade on strong outlook. With a favourable mix of ethanol towards B-heavy/juice (feedstock) coupled with higher sugar realisations; operating margins of sugar companies are expected to improve. Among the individual stocks, Mawana Sugars zoomed 18…
Triveni Engineering & Industries, country’s second biggest sugar producer will commission its two ethanol plants next month taking the company’s total capacity to 540 kilo litre per day (KLPD) from current 320 KLPD while targetting to further increase to 660 KLPD before start of next season. “While the Muzafarnagar grain-based 60 KLPD distillery will be…
KOCHI: The excise department in the district is in alert mode as it is the harvesting time of ganja being illegally cultivated in Andhra Pradesh and Odisha. The sleuths have found that the flow of ganja from other states has increased in recent weeks and checks are being carried out to prevent smuggling of the…