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ETHANOL PRODUCTION EXPANSION
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- Pema Khandu inaugurates Arunachal Pradesh Bamboo & Cane Technology Centre at Gungu near ItanagarArunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamb...
- Blending of E20+ petrol exempt from excise dutyThe government has removed excise duty on blending over 20% ethanol with petrol. This move supports the use of more domestically produced e...
- Petrol, diesel price hikes in India remain 'very minor' compared with global peers: Hardeep Singh PuriIndia's fuel price hikes are minor globally, with the nation ranking second lowest. This stability stems from a focused energy strategy. Th...
- 'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin GadkariIndia is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnerin...
- Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Iran war energy shock drives India's interest in ethanol and other biofuelsIndia and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil ...
- Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCsSince the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of ...
- Q1 fuel losses may eliminate entire fiscal-year earningsDespite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre a...
- Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shockState-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy ...
- India's oil companies bleed Rs 30,000 cr as fuel prices held steady despite global energy shockIndia's state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global ene...
- 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...
- Sugar to remain mainstay of business amid expansion of ethanol production: BCMLSugar major Balrampur Chinni Mills Ltd (BCML) said that sugar will continue to be the primary focus despite expanding its ethanol productio...
- Tamil Nadu unveils Ethanol Blending Policy 2023Improving farmer income through price realisation and expansion in opportunities due to ethanol blending, reviving sugar industry in Tamil ...
- Triveni Engineering's new distillery unit in UP starts production"The new distillery will increase TEIL's production capacity from the current 320 kilo litre per day (KLPD) to 480 KLPD. This expansion of ...
- Vishwaraj Sugar Industries to invest Rs 250 cr in new ethanol plant in KarnatakaIn a statement, VSIL announced plans to set up a greenfield ethanol production facility, having a capacity of 2.5 lakh litres per day, with...
- Ethanol blending in petrol hits 8.1% on better suppliesThe government has been aiming to increase the share of biofuels in the transportation sector to cut dependence on oil imports, which accou...
- Shree Renuka Sugars investing Rs 450 crore to raise ethanol capacity"Considering the huge untapped demand for ethanol due to the policies of Government of India on ethanol blending, the Board of Directors of...
- Govt should give tax breaks on ethanol: Expert committee“In order to bring predictability and to encourage investment by entrepreneurs in expansion or setting up of new ethanol capacities, the go...
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