Reluctance of the oil marketing companies (OMCs) to sign expression of interest (EOI) with ethanol manufacturers might put a spanner on the Centre’s ambitious plan for achieving 20 per cent fuel blending by 2020. The reluctance has stopped ethanol manufacturers – both sugar mills and grain-based – in accessing bank loans in time to start…
People of Uttar Pradesh consume the most liquor across India followed by West Bengal, a study has confirmed. This information has come to the fore in a joint study by the Economic Research Agency ICRIER and the law firm PLR Chambers. According to the study, there are about 1.4 crore people in West Bengal who…
[ad_1] Isgec has received a significant order for a 175 KLPD Multi-feed Distillery from Dwarikesh Sugar Industries Ltd. for their site at Bareilly, Uttar Pradesh. The Multi-feed Distillery of 175 KLPD capacity is based on Sugar Cane syrup, B-Heavy Molasses and Final Molasses to produce Absolute Alcohol (Ethanol) for blending with petrol (EBP). The project…
Shares of Liquor maker Radico Khaitan have outperformed by turning into a multibagger stock for 2021. Radico shares have rallied over 100% this year (year-to-date to YTD), doubling investors’ money since the start of the year. From ₹450 level in the start of the year, the stock currently trades over ₹930, giving multibagger returns. Radico…
[ad_1] With a view to strengthen India’s energy security and reduce vehicular emissions, locally produced Ethanol, blended with petrol is set to make its way into people’s gas tanks. Achieving energy security and transitioning to a thriving low-carbon economy is critical for a growing nation like India. Aligning with this, Uttar Pradesh has emerged as…
With the increasing demand for medical oxygen due to the current health scenario, many home-grown companies have stepped up efforts to contribute to the cause in their capacity. In order to extend support, Radico Khaitan has installed Oxygen Generator Plants at various locations in six districts of Uttar Pradesh as part of its CSR. The…
New Delhi, July 28: The Delhi High Court Wednesday sought response of the Delhi government on a plea challenging a provision in the new Excise Policy, claiming that it seeks to reduce the age of consumption of liquor from 25 to 21. A bench of Chief Justice D N Patel and Jyoti Singh issued notice…
[ad_1] Uttar Pradesh has emerged as the largest ethanol producing state in the country by producing a total of 58 crore litres of ethanol in 54 distilleries established across the State. A Government spokesman said that the State manufactured 58 crore litres of ethanol, a solvent that is essentially mixed with petrol for environmental purposes,…
[ad_1] Industries department presents draft policy with a host of incentives The Jharkhand government is working on a plan to promote ethanol production in the state to boost alternative sources of energy in the field of biofuels. On Monday, the state industries department unveiled a draft policy, titled, Jharkhand Ethanol Production and Promotion Policy 2021,…
[ad_1] Lucknow, Jul 24 (UNI) Making yet another record, Uttar Pradesh has become the largest ethanol-producing state in the country. A total of 58 crore liters of ethanol was produced by 54 distilleries established across UP.According to the figures released by the UP Government on Saturday, the state has manufactured 58 crore litres of ethanol,…