Govt could miss blending target after banning sugarcane in ethanol production
Source
Posted on
Photo By Bloomberg
The government took an important policy decision this week in banning the distillation of sugarcane juice and sugar syrup (sucrose) to produce ethanol for biofuel blending. This has negative implications for the sugar industry and could lead to shortfalls in the blending target for ethanol supply year 2023-24 (ESY24), which runs from 1 November 2023 to 31 October 2024.
The decision shows the government apprehends a serious shortfall in sugar production this season. It has also curbed sugar exports……
For More Details Visit
