Indian government again boosts ethanol price to enourage more production

In India, the director general of the Indian Sugar Mills Association said the government’s decision to increase ethanol price once again, with special emphasis and a higher increase for ethanol made from B-heavy molasses, confirms the Government’s commitment towards encouraging more diversion of the surplus sugarcane/sugar into ethanol.  He also said the second very important decision of allowing a single premium price for the ethanol made from partial or 100% sugarcane juice is another big and positive step in this direction and that these decisions will help in further increasing the ethanol blend levels from the current 6% average levels across the country.

Category: Fuels