Business

C-Heavy Molasses Produced Ethanol Price Increased

Government after a cabinet meeting raised the price of ethanol derived from C-heavy molasses to Rs 57.97 per litre.  Union cabinet raised the price on 29 January 2025 approving a higher ex-mill price for ethanol at 57.97 rupees, registering an increase of Rs 1.69.

However, prices for ethanol produced B heavy molasses and sugarcane juice/ sugar/ sugar syrup remained untouched at 60.73 rupees per liter and 65.61 rupees per liter, respectively.

Also Read: Ministry Launches National Critical Mineral Mission (NCMM) To Adopt Green Energy Transition

Information and Broadcasting Minister Ashwini Vaishnaw announced the decision taken by the Cabinet Committee on Economic Affairs. The revision of ethanol procurement price for public sector Oil Marketing Companies (OMCs) is for the Ethanol Supply Year (ESY) 2024-25.

The government has also advanced the target of 20% ethanol blending in petrol to the ethanol year 2025-26 from the earlier target of 2030.

“As a step in this direction, OMCs plan to achieve 18% blending during the ongoing ESY 2024-25,” an official release said.

Shibra Arshad

Recent Posts

Gautam Adani Hails Puri Lifeguards As Unsung Heroes During Rath Yatra Visit

Gautam Adani, Chairman of the Adani Group, visited Puri in Odisha during the annual Rath…

1 hour ago

Acharya Pramod Krishnam Slams Congress Over ‘Internal Emergency’ Allegation

Acharya Pramod Krishnam, stirred political debate by claiming an 'internal emergency' still exists within the…

1 hour ago

MRM Meeting: Pledge for Global Peace, Green India, De-addiction & Democratic Integrity

Taking a crucial step toward positive transformation, social reform, and global peace, the Muslim Rashtriya…

1 hour ago

India To Host 2029 World Police & Fire Games; Amit Shah Hails Global Recognition

India has been chosen to host the prestigious 2029 World Police and Fire Games in…

2 hours ago

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

4 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

5 hours ago