Ethanol push turns India into top corn importer: Report
Mumbai/IBNS: India's push to make more ethanol made from corn has turned the country, which was Asia's top corn exporter, into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains, Reuters reported.
New Delhi: The sudden ban on the use of cane juice for the production of ethanol has put at risk the Rs 15,000 crore investment made by the sugar industry in the last three years, the Indian Sugar Mill Association (ISMA) said, a media report said.
India to Chair the International Sugar Organisation (ISO) in 2024
New Delhi: India will be the Chair of the International Sugar Organisation (ISO) for the year 2024, the London-headquartered organization announced during its 63rd council meeting.
Nitin Gadkari launches world's first BS 6 stage II electrified Flex fuel vehicle made by Toyota
New Delhi: Union Minister for Road Transport Minister Nitin Gadkari on Tuesday launched the world's first prototype of the BS 6 Stage II ‘Electrified Flex Fuel Vehicle’, developed by Toyota Kirloskar Motor in New Delhi.
Magadh Sugar & Energy FY23 PAT grows 9% to Rs 50 cr
Kolkata: Magadh Sugar & Energy Limited (MSEL) said its Profit After Tax (PAT) for FY 23 amounted to Rs 50.26 crores, showing a 9% increase compared to Rs. 46.02 crores in FY 22.
Magadh Sugar & Energy Ltd Q2FY23: PAT stood at Rs 6.69 cr, ethanol sales at Rs 69.89 lakh liters
Mumbai/IBNS: Magadh Sugar & Energy Limited (MSEL) (BSE: 540650 / NSE: MAGADSUGAR) reported a PAT of Rs 6.69 crores as against Rs 3.02 crores in Q2FY22.
ASEL reports of PBT of Rs 30 cr in Q1FY23
Kolkata: Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) reported a profit before tax (PBT) of Rs 30 crores in the quarter ended June 30, 2022 as against Rs 29 crores in Q1FY22.
Avadh Sugar & Energy posts PAT of Rs 51 cr in Q4FY22, ethanol capacity reaches 325 KLPD
Kolkata: Avadh Sugar & Energy Limited (ASEL) (BSE: 540649 / NSE: AVADHSUGAR) posted a profit after tax (PAT) of Rs 51 crores for the quarter ended March 31, 2022.
Top oil PSUs sign TPA for upcoming dedicated ethanol plants
New Delhi: The Oil Marketing Companies (OMCs) - Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) have entered into a long-term purchase agreement (LTPA) for upcoming dedicated ethanol plants across India,
Govt opens 6 months window for fresh applications for ethanol prodn
New Delhi: The government has decided to open a window for six months for inviting fresh applications from project proponents to set up new distilleries or expansion of existing distilleries to produce 1-G ethanol.
Centre doubles incentive on sugar sacrificed for producing ethanol
New Delhi/IBNS: The Centre has increased the incentive on sugar sacrificed for producing ethanol from B-heavy molasses/sugarcane juice/sugar syrup/sugar has been doubled from October 2021, onwards in their monthly release quota, Ministry of Consumer Affairs, Food & Public Distribution said in a release.
Cabinet approves revised price of ethanol under EBP for Public Sector Oil Marketing Companies
New Delhi, Nov 1 (IBNS): The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi, on Wednesday, approved the revision in the price of ethanol under Ethanol Blended Petrol (EBP) Programme, for supply to the Public Sector Oil Marketing Companies.