Diversion of Indian sugar output to ethanol may not exceed 3.5 mt, says TEIL
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About 3-3.5 million tonnes (mt) of India’s sugarcane production will likely be diverted for ethanol production this season (October 2023-September 2024) against over four mt last season, Triveni Engineering & Industries Ltd (TEIL) Vice-Chairman and Managing Director Tarun Sawhney has said.
“I think that at a gross value of 33.5 mt, the country can perhaps only afford about 3.5 mt of sugar to be diverted (for ethanol). If we evaluate the tender that has just happened (floated by oil marketing companies), there are still good quantities of juice going into ethanol manufacturing. They have been offered as capacities exist.
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