(Representational Image) Key Highlights Sugar stocks have been on a massive bull run over the past few months, on the back of government’s push for ethanol blending What are the govt’s plans and how are sugar companies gearing up for it by announcing capex plans? If you have sugar stocks in your portfolio, congratulations! The…
On a cold morning in the early winter of 2019, Shekhar Chauhan reached his small sugarcane farm to start a regular work day, only to find it flooded. The boundary of a nearby drain had broken and water spilled into the farms in the Muzaffarnagar district of the northern Indian state of Uttar Pradesh. A…
[ad_1] Paving the way for the transformation of the fossil fuel ecosystem in the country, the Ministry of Road Transport and Highways has issued a draft notification for facilitating use of a blend of 12 per cent and 15 per cent ethanol in gasoline as automotive fuels.Comments have been invited from stakeholders within a period…
[ad_1] Sugar companies have started announcing capital expenditure after a long gap to enhance their ethanol production capacity. Their decision has largely been enthused by the Centre’s plans to advance its target of 20 per cent ethanol blending with petrol to 2023 from 2025. The latest to join the bandwagon is Wilmar Group company’s Shree…
Is the biofuel as good as they claim it to be? Or should we stick to petroleum a tad longer? Ethanol fuel has been the talk of the town ever since the government announced that it will be moving to E25 (25 percent ethanol blend) by 2025. This news came at a time when petrol…
Dwarikesh Sugar Industries advanced 3.56% to Rs 77.10 after the company said that it has embarked upon a project to set up a 175 kilo litre per day (KLPD) distillery at its Dwarikesh Dham Unit, in Bareilly, Uttar Pradesh. Necessary LOIs for the critical equipment’s are under issuance, the company said.The company’s existing distillery capacity…
The proposed capacity in Uttar Pradesh is to be added in 15 to 16 months with an investment of Rs232cr. [responsivevoice_button voice=”Hindi Female” buttontext=”Listen to Post”] Dwarikesh Sugar Industries Limited has embarked upon a project to set up a 175 KLPD distillery at its Dwarikesh Dham (Faridpur) unit in Bareilly, Uttar Pradesh with an investment of…
[responsivevoice_button voice=”Hindi Female” buttontext=”Listen to Post”] India will focus on achieving the target of 20 percent blending of the biofuel ethanol in petrol by 2025, five years ahead of the initial target, said Prime Minister Narendra Modi on June 5 on the occasion of the World Environment Day, Xinhua reported. Addressing a virtual event, Modi…
[ad_1] What triggered the rally in edible oil global prices and domestic prices?do expect a sharp correction anytime soon? Sequentially there is a slight correction but YoY Prices are still high…where do you see the prices settling at? Edible oil prices also depend on the karif crop. Are you expecting a bumper crop and how…
[ad_1] The expansion will happen at the company’s plants in Jawaharpur and Nigohi in Uttar Pradesh and Kolhapur in Maharashtra. Dalmia Bharat Sugar and Industries on Tuesday said it is planning to increase its ethanol manufacturing capacity to 15 crore litres per annum from January 2022, from the current 8 crore litres. This move is…