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ETHANOL DISTILLERIES LOANS
AISTA seeks 35% hike in minimum selling price of sugar to Rs 42/kg , backs government cane FRPAISTA has urged the government to raise the minimum selling price of sugar amid ongoing protests by farmers. The association supports the c...- Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
- Ethanol production capacity jumps over 4-fold to 1,810 cr litres in 11 yrs of Modi govt: OfficialIndia's ethanol production sees a massive boost. Favorable government policies lead to a fourfold increase in capacity over 11 years. Ethan...
- Allow export of 2 million tonnes sugar in 2024-25: WISMAPrivate sugar millers are urging the government to permit the export of two million tonnes of sugar in the upcoming 2024-25 season due to a...
- Balrampur Chini Mills: Strong performance in Q2, long-term growth prospects; should you buy?Balrampur Chini Mills operates 10 sugar and five distillery units, with an aggregate sugarcane capacity of 80,000 tonne of cane per day (TC...
- Higher domestic sugar prices and increasing sales of ethanol to help offset sugarcane cost: CRISILCRISIL Ratings predicts that higher domestic sugar prices and greater sales of ethanol will balance the increase in sugarcane costs and low...
- Govt plans to create carryover stock of ethanol for next year on likely rise in E20 fuel demand"Ethanol blending is going well. Oil Marketing Companies (OMCs) have started dispensing E20 fuel in about 100 outlets in 31 cities in the c...
- Govt opens 6-month window for sugar mills to submit ethanol proposalsThe government is implementing a scheme since 2018 to offer soft loans to sugar mills and distilleries with an aim to increase ethanol outp...
- Centre extends timeline for loan disbursement for ethanol projects till SeptemberThe Centre has notified different interest subvention schemes for sugar mills and distilleries during 2018-2021, with a view to increasing ...
- Centre doubles incentive on sugar sacrificed for producing ethanol from October 2021In the 2020-21 ethanol marketing year ending November, the country is estimated to achieve an 8.5 per cent blending of ethanol with petrol,...
- Government gives nod to 422 ethanol projects, likely to attract investment of Rs 41,000 croreHe said that the surge in ethanol-based projects is due to the government’s recent announcement to extend subsidised credit facilities to g...
- Ethanol output boost: Rs 4,573-crore scheme cleared“This will expedite achieving our blending targets of 20% ethanol with petrol by 2030 and would improve the environment and the eco-system ...
- 185 sugar mills, distilleries get nod for Rs 12,500 crore loans to set up ethanol unitsIn the last two years, 70 ethanol projects were sanctioned loans of Rs 3,600 crore. Apart from promoting ethanol production from sugarcane,...
- Govt mulls extending soft loans to grain-based distilleries for raising ethanol production capacityAs part of an incentive scheme announced in June 2018, the Centre had approved soft loans for sugar mills to set up new distilleries or upg...
- Sugar mills can submit ethanol proposals in new window till Oct 15: GovernmentUnder the scheme, the government has extended twice the interest subvention that comes up to Rs 4,600 crore for a loan amount of Rs 22,000 ...
- Govt targets 362 crore litre ethanol in 2020-21 to help sugar mills pay cane price duesThe government has also set a mill-wise target of ethanol production for every mill that has a distillery attached to it, with an all India...
- Government mulls additional soft loan of Rs 7,400 crore to mills for ethanol expansionUnder the scheme, the government had announced a soft loan of Rs 4,400 crore and provided an interest subvention of Rs 1,332 crore to mills...
- Foodmin seeks higher price for ethanol from state companiesSugarcane arrears had reached a peak of Rs 23,232 crore in May.
- Ethanol blending with petrol to double at 8% in 2018-19 sugar year: Oil MinistryThe volume of ethanol procured by public sector OMCs has increased from 38 crore litres in ethanol supply year 2013-14 to an estimated 150 ...
- Lok Sabha passes sugar billThe government is considering amending Sugar Development Fund rules to revive sick sugar mills, Minister for Food and Civil Supplies, Shant...
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