Indian sugar industry ready to ramp up ethanol capacity
Amid the closure of some grain-based ethanol plants due to the sudden halt of subsidised rice by the Food Corporation of India (FCI), the sugar industry is optimistic about increasing its share if the government asks for the industry to meet the 20 per cent ethanol blended petrol (EBP) target by 2025.
“Whatever ethanol supply has been received by OMCs so far, 81 per cent has come from sugarcane-based plants, and only 19 per cent has been contributed by grain-based plants,” said Atul Chaturvedi, executive chairman of Shree Renuka Sugars. This shows the vibrancy of the sugarcane-based plants to meet the challenge of EBP, he said.