Government Permits Maize Sale to Ethanol Makers

24 Feb 2024 CW Team

In a significant move, the Indian government has granted approval to the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers' Federation (NCCF) to sell maize to ethanol manufacturers. The authorized base rate for this transaction is set at Rs 2291 per quintal.

This decision is aimed at bolstering the ethanol production sector, aligning with the government's commitment to promoting alternative and cleaner fuel sources. The move is expected to provide a steady supply of maize to ethanol producers, fostering the growth of the ethanol industry.

NAFED and NCCF, as key players in the agricultural marketing and consumer sectors, will play a crucial role in facilitating the smooth implementation of this initiative. The government's proactive measures are in line with its broader vision to encourage sustainable practices in the energy sector and reduce dependence on traditional fossil fuels.

By allowing the sale of maize to ethanol manufacturers at a predetermined base rate, the government seeks to create a conducive environment for increased ethanol production, contributing to the nation's energy security and environmental sustainability goals.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..