Cooperative sugar mills to be incentivized to boost ethanol production
The Indian government has allowed cooperative sugar mills to produce ethanol using maize and damaged food grains, alongside sugarcane. Under the modified Ethanol Interest Subvention Scheme, this shift to multi-feedstock facilities aims to boost ethanol production, enhance efficiency, and ensure year-round operations, improving the financial viability of cooperative ethanol plants.
New Delhi: To boost ethanol production in the country and to make cooperative sugar mills more viable, the government has allowed them to operate with grains like maize and damaged foodgrains in addition to sugarcane. For the purpose, the central government has notified a scheme under modified Ethanol Interest Subvention Scheme.
The conversion to multi-feedstock-based facilities would not only make the existing ethanol plants capable of operating when sugar-based feedstocks are not available for ethanol production, but will also improve efficiency and productivity of these plants. As a result, these cooperative ethanol plants will have increased financial viability.
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Source : Live Mint
