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Price and policy push: Ethanol cheaper than petrol, sweet spot for sugar industry
Price and policy push: Ethanol cheaper than petrol, sweet spot for sugar industry

Price and policy push: Ethanol cheaper than petrol, sweet spot for sugar industry

Posted By Raju| 08 Mar 2021 0 Comments |68 Views |CourtesyIndianexpress.com

Petrol at Rs 90-plus per litre is pinching consumer pockets. But for Indian sugar mills, it has opened up opportunities – and a way out of the problem of cane payment dues to farmers.

Oil marketing companies (OMC) are set to procure 283 crore litres of ethanol from mills for blending up to 10% with petrol in 2020-21 (December-November).

This is against 167 crore, 179 crore and 150.5 crore litres in the preceding three supply years and a mere 38 crore litres in 2013-14.


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