NSE-listed sugar mills and distilleries building ethanol capacity to supply India’s E20 blending program, diverting cane and grain feedstock away from sugar into biofuel.
Sectors represented: Fast Moving Consumer Goods
In Uttar Pradesh. and other northern regions, the ongoing varietal replacement. programme is progressing well, supporting expectations of higher. cane yields and improved sugar recovery rates. In Uttar Pradesh. and other northern regions, the ongoing varietal replacement. programme is progressing well, supporting expectations of higher. cane yields and improved sugar recovery rates.
The Government. launched the Ethanol Blending. Programme (EBP) to promote ethanol. blending and production. ugar. manufacturers in India have been. increasingly diverting sugar towards. ethanol production. The Government. launched the Ethanol Blending. Programme (EBP) to promote ethanol. blending and production. Under the. purview of this program, Oil Marketing. Companies (OMC) are allowed to.
With the government of India aiming for increased blending. targets, set at 20% by 2025, the ethanol market is poised for. further expansion, especially within the blending sector. the government of India aiming for increased blending. targets, set at 20% by 2025, the ethanol market is poised for. further expansion, especially within the blending sector. Over.
Overall, Indian sugar market looks. to remain balanced to tight for the. remaining part of the 24-25 sugar. season on account of slightly lower. sugar availability going ahead .This. could keep the sugar price steady to. strong in the remaining part of the. ongoing year. Sugar seasonExports (MT). SS 18-193.8. SS 19-206.0. SS 20-217.2. SS 21-2211.1 r. sugar availability going ahead .This.
The Indian Sugar Season 2022-23 was characterized by. few landmark statistics such as-. a) All India Sugar Production in SS 2022-23 is. estimated at 323 lakh tonnes production as against. 353 Lakhs tonnes in SS 2021-22 is lower mainly due. to impact in yield due to adverse weather conditions. specifically in Maharashtra. b) During the Season, in Maharashtra sugar production.
The import of ethanol for fuel blending has been restricted since 2019 (DGFT 2019). However, in Union Budget for the year 2023-24, basic. customs duties on imported denatured ethanol have been exempted (PIB 2023). blending has been restricted since 2019 (DGFT 2019). However, in Union Budget for the year 2023-24, basic. customs duties on imported denatured ethanol have been exempted (PIB 2023).
In the latest reporting period,. the Company supplied a total of 1,231.87. Lakh liters of ethanol, with 668.30 Lakh. liters generated through the B-heavy route,. 344.48 Million liters from the syrup route,. 61.71 Lakh liters from C-heavy route and supplied a total of 1,231.87. Lakh liters of ethanol, with 668.30 Lakh. liters generated through the B-heavy route,.
Season. Production. Diversion to. Ethanol. Domestic. Consumption. Exports Closing Stock. 2023-24LMT. 56340. 22. 285089. 2024-25(E)LMT. 89302.5. 37.5. 2801064. Source: ISMA (IndianSugarBalance). murugappa ng Stock. Season. Production. Diversion to. Ethanol. Domestic. Consumption. Exports Closing Stock. 2023-24LMT. 56340. 22. 285089. 2024-25(E)LMT. 89302.5. 37.5. 2801064.
During September,21, to promote creation of new capacities in Ethanol deficit states, Oil companies came up. with the offer of dedicated Ethanol plants for new potential parties interested in setting up Distilleries. As per market sources, Oil companies have signed contracts for a quantity of approx. ame up.
On the other hand, the use of bio jet fuels in aviation has limitations in. terms of production quantity, as it requires a large volume of biomass. as raw material. Additionally, there are high costs associated with the. production process. uels in aviation has limitations in. terms of production quantity, as it requires a large volume of biomass. as raw material.