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ETHANOL SUPPLY OMCS
Karnataka HC directs OMCs to honour ethanol offtake pactState-run oil companies must honor their ethanol offtake agreements, a high court ruled, offering a significant boost to dedicated ethanol ...
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...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
Oil firms blamed for ethanol stock pile-upIndia's ethanol production capacity was about 13.80 billion litres per year in November 2023, of which 8.75 billion litres were molasses-ba...
Government hikes ethanol price for doping in petrol by up to Rs 3.34 per litreThe move will help farmers get remunerative price while also cutting down oil imports, I&B Minister Prakash Javadekar said. As much as 10 p...
India achieved 5.09% ethanol blending from December 1 to June 22: ISMAThe industry body informed that B-heavy molasses and sugarcane juice have been diverted away from sugar, to manufacture and supply 58 crore...
Highest ever ethanol offers accepted/finalized by OMCs; says ISMAThe highest increase in ethanol quantities finalized is from the State of Maharashtra, which has finalized over 50 crore litres of ethanol ...
Ethanol supply to touch record 113 cr litre in 2017-18: ISMAISMA said around 66 crore litre of ethanol was lifted by OMCs (oil marketing companies) for the ethanol blending programme in 2016-17 seaso...
Government fixes Rs 48.5-49.5 price for ethanol procurement by oil marketing companiesGovt today fixed a price of Rs 48.50-49.50 per litre for procurement of ethanol for blending with petrol, a rate much higher than the price...
PMO discusses clearing hurdles in ethanol blending programmeAt present, it is compulsory to blend 5 per cent ethanol with petrol but the oil marketing companies (OMCs) are able to do around 2 per cen...
Ethanol blending to save 6 a litre for oil companies: Sugar mills6 for every litre of petrol sold if ethanol is blended with it, contradicting the OMCs' suggestion that blending will lead to costlier fuel.
- UNICA requests govt to remove import duty on ethanol
Ethanol prices paid to producers in Brazil’s top ethanol producing state Sao Paulo dropped by an average 16.7% over the last five weeks eve...
- Fuel doping: Govt to rework pricing formula for ethanol
Centre is gearing up to rework the formula for pricing ethanol in order to activate the ethanol supply tenders from sugar factories to OMCs...
- Govt to review Ethanol Doping Programme
Buoyed by down-spiralling crude oil prices since October 2008, the petroleum ministry has circulated a Cabinet note seeking support for its...