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
Blending levels. have risen sharply from about 12%. in 2022-23 to nearly 20% in 2025-26,. generating foreign exchange savings. of over H1.40 lakh crore since 2014-15. Early ESY 2026 data shows blending . Blending levels. have risen sharply from about 12%. in 2022-23 to nearly 20% in 2025-26,. generating foreign exchange savings. of over H1.40 lakh crore since 2014-15.
Differential and attractive prices for ethanol. produced from damaged/surplus food grains,. broken rice and maize. Setting of standards for E5, E10 and E20 blends, as. well as introducing E100 two-wheeler vehicles al and attractive prices for ethanol. produced from damaged/surplus food grains,. broken rice and maize. Setting of standards for E5, E10 and E20 blends, as.
This multi-feedstock. capability was not incidental; it was. built precisely for environments like. these, where the relative attractiveness. of sugarcane-based and grain-based. routes can shift with policy or price. During the year under review, total. ethanol production for FY 2025-26. reached 673.34 Lakh bulk litres,. compared with 678.37 Lakh BL in ane-based and grain-based.
This diversified feedstock strategy has reduced dependence on a single. crop, enhanced year-round availability of ethanol, improved the resilience of the supply chain, and enabled capacity utilisation. across both sugar-based and grain-based distilleries. e on a single. crop, enhanced year-round availability of ethanol, improved the resilience of the supply chain, and enabled capacity utilisation.
Singlewindowclearanceisapprovedbythestategovernmentandthebenefitofinterestsubventionwillbe. providedbyGovernmentofIndia. Ethanol Sectoral Environment. 34. India’s ethanol blending target of 20% is likely to create opportunity of Rs 840bnbio-ethanol market annually by 2025. Structural changes post 2018. The National Policy on Bio-fuels -2018 (NPB -2018)released in.
Price fixed by Government (Rs./BL)2016-172017-182018-192019-202020-212021-222022-232023-242024-252025-26. C-route Ethanol39.0040.8543.4643.7545.6946.6649.4156.28 57.97. Yet to be announced. B-route Ethanol 52.4354.2757.6159.0860.7360.73 60.73. Yet to be announced 02020-212021-222022-232023-242024-252025-26. C-route Ethanol39.0040.8543.4643.7545.6946.6649.4156.28 57.97. Yet to be announced.
National Capacity Deficit. India's aggressive shift toward E80 flex-fuels creates an unprecedented, multi-decade growth cycle for. integrated bio-distilleries. 80 / Flex-Fuel~3,500+ Cr Ltrs100% Assured. National Capacity Deficit. India's aggressive shift toward E80 flex-fuels creates an unprecedented, multi-decade growth cycle for. integrated bio-distilleries.
The Company has a carbon dioxide capturing unit at its. Sabitgarh distillery on a Build Own Operate (BOO) basis for. which we are paid for the raw carbon dioxide to earn additional. revenues. dry ice. . The Company has a carbon dioxide capturing unit at its. Sabitgarh distillery on a Build Own Operate (BOO) basis for. which we are paid for the raw carbon dioxide to earn additional. revenues.
C-Heavy MolassesMaize/DFG. Month. April. May. June. July. August. September. October. November. December. January. February. March. Total. 22,305. 25,928. 4,520. 19,478. 8,603. 1,099. 457. -. 18,125. 14,675. -. 18,091. 1,33,281. Total. [A+B+C]. 560. -. -. -. -. -. -. -. -. 84. 889. -. -. -. -. -. -. 1,959. 45. -. - r. October. November. December. January. February. March. Total. 22,305. 25,928.
Bought Ethanol. Imported. Ethanol. In-House. Ethanol. Bio-. Fuels. Bio-Based. Chemicals. Potable. Spirits. 23. 32. 3 Possible Outputs. 3 Possible Sources of Raw Materials. ✓Cleaner security:. Domestic supply with lower emissions. ✓Policy support: l. In-House. Ethanol. Bio-. Fuels. Bio-Based. Chemicals. Potable. Spirits. 23. 32. 3 Possible Outputs. 3 Possible Sources of Raw Materials.
M A R K E T S I Z E P R O J E C T I O N ( U S D B n ). CAGR 6.30%. 350.10. 372.30. 505.32. 0. 100. 200. 300. 400. 500. 600. 202520262031. ROBUST MARKET EXPANSION. CRITICAL GLOBAL STAPLE. Primary food source for over 50% of. global population, ensuring consistent B n ). CAGR 6.30%. 350.10. 372.30. 505.32. 0. 100. 200. 300. 400. 500. 600. 202520262031. ROBUST MARKET EXPANSION. CRITICAL GLOBAL STAPLE...
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.
Research in January 2024. Growth drivers with on going Capex :-. ¢ Increase in Sugar Cane Crushing Capacity from 10000 to 13000 TCD and improving Energy Efficiency by saving in steam. consumption, at Hargaon Unit. The Implementation is progressing satisfactorily. Indian Sugar Industry — SS 2024 25. Domestic Sugar Balance State-wise Estimate Sugar Production SS 2024-25.
Power sold to the grid during the current. quarter declined by 3% and by 6% for the. year, primarily due to lower power. generation caused due to lower sugarcane. crushing. Power Sold to Grid (Lac Units). 240. 246. 345. 368 e grid during the current. quarter declined by 3% and by 6% for the. year, primarily due to lower power. generation caused due to lower sugarcane. crushing.
Corn/Grain-Based Distillery. (Enhancing flexibility through dual-. feedstock capability). 04. oInvestment in a dual-feedstock distillery to enhance production flexibility and supply security. oWill be commissioned in H2 FY26, supporting India’s ethanol blending program feedstock capability). 04. oInvestment in a dual-feedstock distillery to enhance production flexibility and supply security.
Maize based Ethanol Yield Highest Price. Ethanol Price Rs/Ltr for ESY 2025-26. 71.86. 64. 60.32. 57.97. 60.73. 65.61. MaizeDFGSurplus RiceC-Heavy. Molasses. B-heavy. Molasses. Sugar Cane. nt EventsPrice Revision. Maize based Ethanol Yield Highest Price. Ethanol Price Rs/Ltr for ESY 2025-26. 71.86. 64. 60.32. 57.97. 60.73. 65.61. MaizeDFGSurplus RiceC-Heavy. Molasses. B-heavy. Molasses. Sugar Cane.