Ethanol plant in Panipat will process 2.1 lakh metric tonnes of dry rice straw each year to make 3 crore litres of ethanol which will be blended with petrol and sold.
The govt said the rise would boost supplies and help sugar companies to pay their dues to farmers. India also wants to double ethanol blending with gasoline.
State expecting investment of Rs 30,382 crore in ethanol sector, minister Syed Shahnawaz Hussain said Thursday. He also announced Bihar Investors' Summit, to be held in Delhi on 12 May.
Any major diversion of corn usage towards ethanol production would severely impact India's poultry sector. Modi govt's target of E20 by 2025 needs 2G biofuels.
The Cabinet Committee on Economic Affairs raised the price of ethanol extracted from sugarcane juice to Rs 63.45 per litre from the current Rs 62.65 per litre.
The govt says doubling ethanol production will save India Rs 30,000 crore a year by cutting crude imports, reduce carbon emissions & boost farmers’ incomes. But critics term it self-goal.
India’s delivery giants are finding there aren’t many models available that can be deployed at scale, and what supply there is can’t keep up with demand.
While use of ethanol has many advantages for India, diverting sugar for its production may be the biggest change for the global sugar industry and could drive a bull market.
Concerns range from whether existing vehicles would be E20 compliant, loss in fuel efficiency & whether India has capacity to maintain a consistent ethanol supply.
Contract for construction of four MILGEM-class ships was signed in 2018. PNS Bedir is to be delivered by June 2026, while PNS Tariq is due for delivery in first quarter of 2027.
If Pathaan gave both conservatives and liberals room to hide, Dhurandhar extends no such courtesy. Aditya Dhar ripped open that tent of hypocrisy and turned the knife.
COMMENTS