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ISMA requests that the government look into increasing the amount of ethanol produced from sugarcane juice and BHM.

ISMA requests that the government look into increasing the amount of ethanol produced from sugarcane juice and BHM.

By Kajal Sharma - 04 Feb 2025 04:22 PM

According to ISMA, a change in the price of ethanol made from sugarcane juice and B-Heavy molasses will promote sector viability and guarantee farmers receive their cane payments on schedule.In order to promote the profitability of the sugar industry and guarantee that farmers receive their cane payments on time, the Indian Sugar and Bio Energy Manufacturers Association (ISMA) has asked the government to take into account a proportionate rise in the price of ethanol produced from sugarcane juice and B-Heavy molasses (BHM).On January 29, the Cabinet Committee on Economic Affairs (CCEA) authorized a 3% increase in C Heavy Molasses (CHM) for the November–October 2024–25 ethanol supply year.

The previous price of ₹56.58 per litre will now be ₹57.97. The cost of ethanol made from alternative feedstocks has not changed. Oil marketing corporations will still buy ethanol at ₹71.86 per liter when it is made from maize, ₹65.61 when it is made from sugarcane juice or syrup, ₹64 when it is made from damaged foodgrain (rice), and ₹60.73 when it is made from BHM. The cost of ethanol made from FCI's subsidized rice is still ₹58.50 per liter.The highest amount of sugar may be produced when ethanol is made from CHM because it is the final product of processing in the sugar industry and includes little sugar. The government only permitted ethanol from CHM during the previous sugar season, which ran from October to September.

 

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