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ETHANOL PROCUREMENT
India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...
GPS Renewables raises Rs 635 crore in Series C fundingBengaluru-based GPS Renewables has secured ₹635 crore in Series C funding to expand its compressed biogas (CBG) infrastructure. The investm...
Maharashtra CM Fadnavis meets Amit Shah; says "positive decision to be taken on raising MSP, ethanol quota, loan restructuring"Maharashtra Chief Minister Devendra Fadnavis met with Union Home Minister Amit Shah. Discussions focused on the sugar industry and onion fa...
Amit Shah positive on hiking sugar MSP, raising ethanol quota: FadnavisHome Minister Amit Shah has shared promising news for the sugar industry that could reshape its future. Maharashtra’s Chief Minister Devend...
India’s $1 trillion import dependence makes green transition a strategic necessityIndia faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a...
Centre raises MSP for 14 kharif crops, boosts support for pulses and oilseedsBased on expected margins over cost of production, the MSP hike is the most for moong at 61%, followed by bajra and maize (56% each) and tu...
Rs 10 sugarcane FRP hike: Small raise, big questions for farmers and millsFarmers call the hike inadequate while industry warns of rising cane arrears
India in talks with Nepal for ethanol exports, exploring shipments to SAARC nationsIndia is discussing ethanol exports with Nepal and other SAARC countries. This initiative aims to support farmers and strengthen the rural ...
In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
Don’t waste a good crisis: India needs a body not just for putting out fires, but also for long-term strategic energy ideasIndia is facing one of its worst energy disruptions, with far higher dependence on imported fuels than in past crises. Today, the focus has...
Ethanol capacity surges but 20% blending cap limits demandDistillery capacity is growing faster than ethanol demand. Oil companies expect only a small rise in procurement for petrol blending. New p...
OMCs invite fresh bids for ethanol procurementThis will help cash strapped sugar mills to liquidate their sugar inventory as government has asked millers to divert sugar and sugarcane f...
Maharashtra's sugar industry seeks permission to make ethanol from sugarThe government has already increased rate of ethanol procured by oil companies for their blending program.
Oil firms float tender for 97 crore litres of ethanolThe three OMCs- IOC, BPCL, HPCL sought bids from ethanol manufacturers by January 12 to procure 97 cr litres of sugarcane extract for mixin...
Hike in excise duty on petrol bodes well for ethanol playersThe ethanol blended petrol (EBP) scheme appears to have achieved only marginal success despite being in operation for 10 years.
Ethanol-blended petrol to cost moreEthanol procured under the current tender is going to cost 10% higher than that of petrol.
CCI issues notices to 18 sugarmills over ethanol bidsThe competition watchdog has asked sugarmills to provide information about their respective bids.
Moily directs Oil companies to issue fresh tenders for ethanol procurementTo meet its annual demand of 105 crore litre for its ethanol blending program (EBP), oil companies have already procured 21 crore litre fro...
Petroleum Minister M Veerappa Moily asks oil firms to float tenders for ethanolWith just less than half the ethanol procured so far for doping with petrol, Petroleum Minister M Veerappa Moily today asked oil firms to f...