Bagasse-generated power from UP sugar mills dropped to six-year low in FY24
Maharashtra’s cooperative sugar mills seek government aid to convert distilleries into multi-feed units, allowing year-round ethanol production using maize and other grains. Currently, cooperative mills contribute only 13% to ethanol supply due to seasonal sugarcane availability. With rising maize MSP and OMCs showing interest, multi-feed adoption could enhance production and financial viability, aligning with recent ethanol policy shifts.
Once billed as a big source of alternative revenue for the sugar sector, the share of bagasse-generated electricity slumped to 41 per cent of the total power generated from renewable energy (RE) sources in Uttar Pradesh (UP) in FY24, the lowest in six years.
According to data sourced from the Central Electricity Authority (CEA), sugar mills generated around 2923.56 million units of power from bagasse in FY24. In FY19, it comprised around 76 per cent. Since FY19, the total power generated through cogeneration in the state has dropped by almost 32.3 per cent.
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Source : Business Standard