PATNA: Industries minister Shahnawaz Hussain on Wednesday said the Centre has increased the state’s quota of the ethanol production units from six to 17 with the production capacity of 36 crore litres. They have also been given project clearances. The envisaged investment is worth Rs3,400 crore. The districts chosen for the 17 units are Muzaffarpur,…
The state government has declared molasses policy for the molasses year 2021-22. The cabinet approved the proposal brought in this regard by the Excise Department. According to this proposal, sugar mills of the state will have to reserve 18 percent of their total molasses production for distilleries producing country liquor. This reserved molasses is made…
AB InBev, the largest beer company in the world, has witnessed its toughest period during the pandemic. In an interaction with BusinessLine, the company’s President – India & South East Asia, Kartikeya Sharma, shares insights into the post-pandemic strategy of AB InBev in India. Globally, AB InBev has seen both revenues and profits for the…
Vijay Banka, managing director of Dwarikesh Sugar on Tuesday said the company is on track to sell five crore litres of ethanol in FY22. He told CNBC-TV18 that the new tender would come in a month or so. In the second quarter the firm sold 1.67 crore litres of ethanol, which is a significant improvement…
Highlights Fuel ethanol consumption pegged to reach 3 bil liters in MY 2020-21 India allowed maize, rice to be used for ethanol production in June India’s fuel ethanol consumption is likely to increase by around 1 billion liters year on year to 4 billion liters in marketing year 2021-22 (December-November), Chairman and Managing Director of…
[ad_1] PARIS, Oct 21 (Reuters) – Ethanol sales will hit record highs in France this year and next, supported by strong demand for high-ethanol fuel E85 as car owners seek cheaper alternatives to gasoline, producers said on Thursday. Fuel prices have soared so much in France that ministers floated the possibility of petrol vouchers for…
The virtual conclave was organized by UPDA on Tuesday (October 19) received an overwhelming response from the delegates and the liquor manufacturers and allied partners.
BENGALURU: Bringing cheer to sugarcane growers of Mandya and surrounding areas, Chief Minister Basavaraj Bommai on Monday said that the State Government will set aside an earlier Cabinet decision to privatise the loss-making Mysuru Sugar Company Ltd (MySugar). Bommai made this announcement after chairing a marathon meeting with farmers and elected representatives from Mandya here on…
[ad_1] In a second straight year of sugar glut, shares of Indian millers have surged. That’s because of the nation’s aggressive push to ethanol blending in transport fuels. In the latest move, the government has doubled incentives on sugar sacrificed for producing ethanol from October. India targets to achieve 20% ethanol blending with petrol by…
New Delhi, October 12: Union Minister for Road Transport and Highways Nitin Gadkari on Tuesday said that with the rollout of flex-fuel vehicles on 100 per cent bio-ethanol, the demand for ethanol will jump by four to five times. A government order mandating all vehicle manufacturers to power vehicles with flex engines (that can run…